BONTERRA RESOURCES Business Summary

Bonterra Resources Inc. is a Canadian gold exploration and development company focused on the Abitibi Greenstone Belt in Quebec. The company operates through a dual-track business model: advancing its 100%-owned assets, including the Bachelor Mill—the only permitted gold processing facility in the region—and participating in the Phoenix Joint Venture (JV) with Gold Fields Ltd. (following its acquisition of Osisko Mining). Revenue is currently generated through strategic partnerships and capital appreciation of its resource base, which as of February 2026, includes a combined Mineral Resource Estimate of 1.40 million ounces (Measured & Indicated) and 2.03 million ounces (Inferred) across the Barry and Gladiator deposits. Bonterra competes with regional explorers and developers such as Probe Gold Inc., Cartier Resources Inc., and Eldorado Gold Corporation. The company occupies a unique market niche as a strategic infrastructure play, leveraging its permitted mill to position itself as a central consolidation hub for the Urban-Barry gold camp. The leadership team is led by President and CEO Marc-André Pelletier, a professional engineer with over 25 years of experience, including previous roles as COO of Wesdome Gold Mines and VP of Operations at St Andrew Goldfields. Executive Chairman Cesar Gonzalez, a co-founder of several successful mining ventures, provides strategic direction alongside CFO Pier-Elise Hebert-Tremblay, who oversees financial reporting and regulatory compliance. The company’s board includes notable industry figures such as Peter O’Malley and Matthew Houk, the latter representing the interests of Horizon Kinetics. Bonterra is backed by significant institutional investors, most notably Wexford Capital LP, which maintains a substantial equity stake. This executive group combines deep technical expertise in Quebec-based underground mining with the financial backing necessary to advance the Phoenix JV toward a production decision by mid-2026.