Bonterra Resources moves corporate headquarters, appoints new CFO

Bonterra Resources Inc (CVE:BTR) (OTCMKTS:BONXF) announced Monday that it was moving its corporate headquarters to Val D’Or in Quebec and tapping James Fairbairn as the company’s new chief financial officer.  

“Relocating management functions to Val d’Or, in close proximity to Bonterra’s main projects in the Urban Barry Camp, makes sense,” said Bonterra Resources chairman and interim CEO Greg Gibson.

READ: Bonterra Resources eyeing resource estimate for all Urban Barry exploration assets

“In addition to reducing admin costs by combining management with the operations and exploration office already in place, we will improve efficiency, be closer to our stakeholders and take part in the communities where we operate.”

Gibson said the company was strengthening the management team with the addition of seasoned financial professional Fairbairn.

Fairbairn has over three decades of experience in accounting, financial management, corporate finance, mergers and acquisitions. Fairbairn graduated from the University of Western Ontario and is a chartered professional accountant. He has obtained the ICD.D designation from the Institute of Corporate Directors.

He was the CFO of Metanor Resources Inc before it was acquired by Bonterra and is well-acquainted with the operations of the company.

“Jim will be stepping in to replace Joseph Meagher, following his resignation. The board is very grateful for Meagher’s contribution and his pivotal role in overseeing the recent corporate transformations,” said Gibson.

Bonterra’s focus is on the Urban Barry exploration assets in Canada.

Contact Uttara Choudhury at [email protected]

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Story by ProactiveInvestors