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Great Bear Resources Ltd. GTBDF


Primary Symbol: GTBAF

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

Post by eatmorefiber2on Jan 21, 2021 5:35pm
258 Views
Post# 32355237

Upsized Private Placement

Upsized Private PlacementWhat the heck?  Why only $12.75 for the 784,000 shares?  

784,000 common shares of the Company (which, for greater certainty, shall not qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada)) ("Common Shares") at a price of $12.75 per Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of $69,891,000 (the "Offering").
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