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Great Bear Resources Ltd. 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 4:07pm
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Post# 31722877

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

RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights Issue
GBR could have simply issued another royalty spinoff to all existing sharedholders, then offered enough shares in another private placement to fund the $2 million they need for whatever purpose the funds are intended.

Instead, they go this route and end up screwing many longtime shareholders to enrich the three directors. 

Shady. 
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