CALGARY, May 15, 2020 /CNW/ - Bonterra Energy Corp.
(www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company")
today provides information regarding the Company's upcoming 2020
Annual General & Special Meeting of shareholders (the "AGSM")
following widespread cancellation of public events amidst the
COVID-19 pandemic.
Bonterra's AGSM will be held on Thursday,
May 21, 2020, at 10:00 AM
(Calgary time) within the
Company's head office, located at Suite 901, 1015-4th Street S.W.,
Calgary, Alberta. In the
interests of public safety and honouring restrictions on group
gatherings given the COVID-19 pandemic, shareholders of Bonterra
are strongly encouraged not to attend the AGSM in person, and
instead, to vote in advance of the meeting by mail, telephone or
internet as set out within Bonterra's management information
circular and proxy materials which have been mailed to
shareholders, filed on SEDAR at www.sedar.com and posted to the
Company's website. A shareholder who chooses to attend the meeting
in person will be required to verify share ownership, provide
confirmation that he or she has not travelled internationally
within the preceding two-week period, and be questioned about
potential symptoms of COVID-19. Further attendance controls may be
added as public health advisories evolve.
While the AGSM will not be webcast, Bonterra intends to post an
updated corporate presentation to its website concurrent with the
meeting which outlines its current position and future
potential. Bonterra's management team invites shareholders or
other interested parties to contact the Company at any time
subsequent to the AGSM with questions.
Bonterra Energy Corp. is a conventional oil and gas corporation
with operations in Alberta,
Saskatchewan and British Columbia, focused on its strategy of
long-term, sustainable growth and value creation for shareholders.
The Company's shares are listed on The Toronto Stock Exchange under
the symbol "BNE".
Cautionary Statements
This summarized news release should not be considered a suitable
source of information for readers who are unfamiliar with Bonterra
Energy Corp. and should not be considered in any way as a
substitute for reading the full report. For the full report,
please go to www.bonterraenergy.com
Forward Looking Information
Certain statements contained in this release include statements
which contain words such as "anticipate", "could", "should",
"expect", "seek", "may", "intend", "likely", "will", "believe" and
similar expressions, relating to matters that are not historical
facts, and such statements of our beliefs, intentions and
expectations about development, results and events which will or
may occur in the future, constitute "forward-looking information"
within the meaning of applicable Canadian securities legislation
and are based on certain assumptions and analysis made by us
derived from our experience and perceptions. Forward-looking
information in this release includes, but is not limited to: oil
and natural gas prices and demand; expansion and other development
trends of the oil and gas industry; business strategy and outlook;
expansion and growth of our business and operations; and
maintenance of existing customer, supplier and partner
relationships; supply channels; accounting policies; credit risks;
and other such matters.
All such forward-looking information is based on certain
assumptions and analyses made by us in light of our experience and
perception of historical trends, current conditions and expected
future developments, as well as other factors we believe are
appropriate in the circumstances. The risks, uncertainties, and
assumptions are difficult to predict and may affect operations, and
may include, without limitation: foreign exchange fluctuations;
equipment and labour shortages and inflationary costs; general
economic conditions; industry conditions; changes in applicable
environmental, taxation and other laws and regulations as well as
how such laws and regulations are interpreted and enforced; the
ability of oil and natural gas companies to raise capital; the
effect of weather conditions on operations and facilities; the
existence of operating risks; volatility of oil and natural gas
prices; oil and gas product supply and demand; risks inherent in
the ability to generate sufficient cash flow from operations to
meet current and future obligations; increased competition; stock
market volatility; opportunities available to or pursued by us; and
other factors, many of which are beyond our control.
Actual results, performance or achievements could differ
materially from those expressed in, or implied by, this
forward-looking information and, accordingly, no assurance can be
given that any of the events anticipated by the forward-looking
information will transpire or occur, or if any of them do, what
benefits will be derived there from. Except as required by law,
Bonterra disclaims any intention or obligation to update or revise
any forward-looking information, whether as a result of new
information, future events or otherwise.
The forward-looking information contained herein is expressly
qualified by this cautionary statement.
The TSX does not accept responsibility for the
accuracy of this release.
SOURCE Bonterra Energy Corp.
