Great Bear Resources Ltd. GTBDF

RE:Trading today

[Hermod]

Seems I was wrong. The numbers I can find sre from GBR's home page, and looks like this: 

"January 31, 2020 – Vancouver, British Columbia, Canada – Great Bear Resources Ltd. (TSX-V: GBR) (the “Company” or “Great Bear”) today announces that is has entered into a 2.0% net smelter return royalty agreement (the “NSR Royalty”) with a newly incorporated wholly-owned subsidiary named Great Bear Royalties Corp. (“Great Bear Royalties”).  Great Bear plans to transfer the NSR Royalty, approximately $1 million in marketable securities currently owned by the Company, and $0.5 million in cash into Great Bear Royalties, which together will be the initial assets for a new royalty company.   Great Bear will continue to focus on advancing the 100% owned Dixie Project, while Great Bear Royalties will allow shareholders to capture additional long-term value through the royalty interest."

This should not affect share price in GBR at all.