BONANZA TO ACQUIRE OIL AND GAS INTERESTS IN ITALY - Announces Consolidation of Outstanding Shares July 20, 2010 DALLAS, TX, July 20, 2010 – Bonanza Resources Corporation (“Bonanza” or the “Company”) (TSX.V: BRS) (US TRADING: BRSUF) (FRANKFURT: B4G) is pleased to announce that it has signed a non-binding letter of intent (the “LOI”) with AleAnna Energy LLC (“AE”) to acquire all of AE’s interests in AleAnna Resources LLC (“AleAnna”), a privately owned company with a portfolio of oil and gas assets strategically located in the Po Valley and Bradano basins of Italy. >> BONANZA ANNOUNCES APPOINTMENT OF STEVE MOORE TO BOARD OF DIRECTORS OF BONANZA RESOURCES CORPORATION AND PRESIDENT OF BONANZA RESOURCES (TEXAS) INC. June 28, 2010 VANCOUVER, British Columbia – June 28, 2010 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) is very pleased to announce that Steve Moore has agreed to join the Board of Directors of Bonanza Resources and effective immediately will be the President of Bonanza Resources (Texas) Inc. >> Bonanza Resources announces Dr. Mel Slater to Join Advisory Board December 17, 2009 VANCOUVER, British Columbia – December 17, 2009 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) is very pleased to announce that Dr. Mel Slater has agreed to join the Advisory Board of Bonanza Resources. Dr. Slater sat as an independent board member for Field Point Petroleum (Amex-FPP). >> BONANZA ANNOUNCES JANUARY SPUD DATE FOR FIRST WELL ON NORTH FORK 3-D PROSPECT, OKLAHOMA December 15, 2009 VANCOUVER, British Columbia – December 15, 2009 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) has been informed by the operator (Ryan Petroleum) that the 1st well is scheduled to spud during the week of January 17th on the North Fork 3-D project in Beaver County, Oklahoma. The well location has been determined by extensive review and interpretation of 3-D seismic data. Morgan creek has the right to earn a 70% of Bonanza's 85% WI position, by drilling and completing a well on the prospect which consists of 5,600 acres. Bonanza and the operator have paid for and shot proprietary 3-D seismic over 8,500 acres. It was determined by the operator not to renew 2,900 acres, which were not evaluated by the seismic and to concentrate the acreage position on the areas in which seismic data was obtained. The AFE costs for the 1st well is $950,000 to drill and complete. Morrow A and B Sands in this region have been shown to produce between 300 and 500 barrels of oil per day. ON BEHALF OF THE BOARD “Byron Coulthard” President/CEO >> BONANZA ANNOUNCES CLOSING OF DEBT SETTLEMENT December 9, 2009 VANCOUVER, British Columbia – December 9, 2009 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) is pleased to announce that the TSX Venture Exchange has accepted for filing the Company’s proposal to issue an aggregate of 13,205,602 common shares and 9,787,602 warrants at a deemed price of $0.05 per share in satisfaction of an aggregate of $660,280.10 owed by the Company to the creditors. The warrants will be exercisable at a price of $0.10 per share for a period of two years from closing. The shares and warrants were issued on December 9, 2009 and are subject to a hold period expiring on April 10, 2010. ON BEHALF OF THE BOARD Byron Coulthard President/CEO >> Press Release Archives 2010 >> 2009 >> 2008 >> 2007 >> 2006 >> 2005 >> 2004 >> 2003 >> 2002 >>
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