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Great Bear Resources Ltd. GTBDF


Primary Symbol: GTBAF

Metals & Mining Gold
Great Bear Resources Ltd. is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. A significant exploration drill program is currently underway to define the mineralization within a large-scale, high-grade disseminated gold discovery made in 2019, the LP Fault. Additional exploration drilling is also in progress to expand and infill nearby high-grade gold zones, as well as to test new regional targets.


OTCQX:GTBAF - Post by User

Great Bear Resources Ltd. > Nope to US individuals in GB Royalty Rights Issue
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Comment by eatmorefiber2on Oct 15, 2020 4:24pm
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Post# 31722965

RE:RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights Issue

RE:RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights Issue
goldbuz wrote: I believe, unfortunately, that the reason the new royalty rights issue is not available to US shareholders has to do with US security laws, making it unlawful to make the rights share available I don’t think that this was, something done by CT, to cut out US shareholders purposely. The law is the law. Maybe if you deal with a broker, they are considered, qualified investors, and you will be able to get your shares through them.


If that were true, I as a US resident would not have received the first royalty spinoff.  They should have simply used that same process to issue additional royalty shares to comply with the SEC Act of 1933.
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