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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 fredo1on Oct 19, 2020 11:58am
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Post# 31739151

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: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:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nope to US individuals in GB Royalty Rights Issue
I have emailed the company suggesting a deferred participation right for US shareholders to be excercised upon a public market being established for GRBC. Problem is the stand-by buyers will have already picked up those shares. So far, no response back. Personally, I believe the NSR is worth between $4-7 per GBRC share. The 50% dilution is a significant hit if those estimates are anywhere near correct. 
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