Metanor Resources Inc.

VAL D'OR, Quebec, Sept. 21, 2018 (GLOBE NEWSWIRE) -- METANOR RESOURCES INC. ("Metanor”) (TSX-V:MTO) is pleased to announce that the Superior Court of Quebec (Commercial Division)  has granted a final order authorizing the previously announced plan of arrangement  (the “Arrangement”) between Metanor and Bonterra Resources Inc. (“Bonterra”) which was approved by the shareholders and optionholders of Metanor during the Special Meeting held on September 18, 2018. Closing of the Arrangement is expected to take place on September 24, 2018,...

Bonterra and Metanor Provide Transaction Timing Update VAL D'OR, Quebec, Sept. 20, 2018 (GLOBE NEWSWIRE) -- BONTERRA RESOURCES INC. ("Bonterra”) (TSX-V:BTR, US:BONXF, FSE:9BR1) and METANOR RESOURCES INC. (“Metanor”) (TSX-V:MTO) are pleased to announce that each of their respective previously announced plans of arrangement (respectively, the “Bonterra Arrangement” and the “Metanor Arrangement”), have been approved by their respective securityholders today. The Bonterra Arrangement, which involves spinning out of certain assets of B...

VAL-D'OR, Quebec, July 26, 2018 (GLOBE NEWSWIRE) -- Metanor Resources Inc. (the "Corporation") (TSX-V:MTO) announces that it has entered into a loan agreement (the “Loan”) with Bonterra Resources Inc., (“Bonterra”) which provides for the immediate advance of $4,000,000, by Bonterra, to be used by Metanor for general working capital purposes.  The Loan bears interest at the rate of 10% per year (compounded monthly) and is repayable upon the earlier of six months from the date of the Loan or upon demand.  The Loan has been secured by way of...