Bonterra Announces C$5 Million Credit Facility

Val-d'Or, Quebec--(Newsfile Corp. - March 23, 2026) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (" Bonterra " or the " Company ") is pleased to announce that it has entered into a credit agreement dated March 23, 2026 (the " Credit Agreement ") with Wexford Capital LP (" Wexford Capital "), an insider of the Company, as agent (the " Agent "), and certain funds managed by Wexford Capital as lenders (the " Lenders "), pursuant to which the Lenders have agreed to provide a non-revolving credit facility in an aggregate amount of C$5,000,000 (the " Credit Facility "), to be made available by way of a single advance on the closing date. The advance will bear interest at a rate per annum equal to 8.00% plus the Secured Overnight Financing Rate (" SOFR ") term rate applicable to the six-month period commencing on the closing date and ending on the maturity date of September 23, 2026 (the " Maturity Date ").