09:59 AM EST - Bonterra Energy Corp. : Announced its Board of Directors has unanimously determined that Obsidian Energy Ltd.'s hostile "take-under" bid to acquire Bonterra significantly undervalues the common shares of Bonterra and is NOT in the best interests of Bonterra, the holders of its Common Shares or its other stakeholders and recommends Shareholders REJECT the Hostile Bid. Bonterra Energy Corp.
shares T.BNE are trading up $0.02 at $1.12.
