Great Bear Resources Ltd. GTBAF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Rights being offer for Great Bear Royalties

[Goaweigh]

Forget about the future revenue stream for the time being, they need to raise some money to keep the Co. going and the only way to do that is to issue more stock. They are offering the current shareholders the first right of refusal on the issue, take it or leave it. If you want to retain the same percentage interest in the Co. you need to buy the same amount of stock you now hold and that's the offer they are making to you. If you own 10,000 shares you can buy another 10,000 shares @ .15 each. and doing this would maintain your current percentage of ownership in the Co. and it's future revenue.
If you don't buy into it then you'll be diluted down by everyone else who is buying and your interest in any future income will be cut in half.

goldman88 wrote: Whats the purpose of buying more royalty shares?  presently we have approx. 14 million and we get 2% royalty  . If we have 28 million we still have the same 2 % royaly  so you get half the payout as you would get for 14 million .