Great Bear Resources Ltd. GTBAF

So...usually there is a 4 month hold period on a PP

[69chevelleSS]

This news release doesn’t mention any hold period for some reason. The expenses to write off will be renounced no later than dec 31 2019. So will these new shares be able to be used this year depending on when the expenses get renounced if received before the last trading day of the year or is there a 4 month hold.????

[Goaweigh]

The buyer can use the tax break on their 2019 tax return and I suspect the 4 month hold will apply but they just haven't bothered to mention that. It's possible that the size of this issue can justify doing a short form prospectus and if so the stock will be free trading on the day it's issued. Don't think we have enough info yet but even if it became free trading before year end

[69chevelleSS]

So my main question is....don’t shares have to be sold to use the write offs tied to them? Thanks a bunch.