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 >> BONANZA ANNOUNCES AMENDMENT TO TERMS OF December 1, 2009 VANCOUVER, British Columbia – December 1, 2009 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) is pleased to announce that it has entered into an amending agreement (the “Amending Agreement”) with Morgan Creek Energy Corp. (“Morgan Creek”) that amends the terms of the option agreement (the “Option Agreement”) between the Company and Morgan Creek previously announced by the Company on August 25, 2009, under which the Company granted Morgan Creek an option (the “Option”) to earn 60% of the Company’s 85% interest in the North Fork 3-D Prospect (the “Prospect”) in Beaver County, Oklahoma. >> BONANZA ANNOUNCES REDUCTION IN ACREAGE OF November 26, 2009 VANCOUVER, British Columbia – November 26, 2009 – Bonanza Resources Corporation (BRS-TSX.V: BRSUF – OTC: B4G-Frankfurt) (the “Company”) today announces a reduction in the acreage of the North Fork 3-D Prospect (the “Prospect”) located in Southern Beaver County, Oklahoma. The Company has granted Morgan Creek Energy Corp. the option to earn 60% of the Company’s 85% interest in the Prospect pursuant to the terms of an option agreement previously announced by the Company on August 25, 2009. >> Press Release Archives 2009 >> 2008 >> 2007 >> 2006 >> 2005 >> 2004 >> 2003 >> 2002 >>
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