Bonterra Announces $110 Million First Lien Credit Facility

Bonterra Energy Corp BNE:

• BONTERRA ANNOUNCES NEW $110 MILLION FIRST LIEN CREDIT FACILITY; $95 MILLION TERM DEBT FINANCING; REPAYMENT OF $47 MILLION BDC TERM FACILITY; AND PROVIDES STRATEGIC OUTLOOK

• BONTERRA ENERGY CORP - FORECASTS THAT BANK DEBT WILL BE SUBSTANTIALLY REPAID BY Q2 OF 2023