Vancouver, British Columbia (FSCwire) - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce that is has arranged a non-brokered private
placement of 5,000,000 units at a price of $0.07 cents per unit for gross proceeds of $350,000. The units of the financing will
comprise of one common share and a full share purchase warrant, which may be exercised for a period of two years at a price of
$0.10 per share. The proceeds of the private placement will be used for general working capital and exploration work. A finder's
fee may be paid to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be
subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both
subject to approval by the TSX-V. Directors, officers or other insiders of the Company may participate in the foregoing
offerings, and such parties may sell securities of the Company owned or controlled by them personally through the facilities of
the TSX Venture Exchange to finance participation in such offerings.
On Behalf of the board of directors
“Christopher R Anderson”
Mr. Christopher R Anderson " Always be positive, strive for solutions, and never give up "
President CEO Director
604-488-3900
Office@GreatAtlanticResources.com
Investor Relations:
Kaye Wynn Consulting Inc.: 604-558-2630, Toll Free –888-280-8128
E-mail: ir@GreatAtlanticResources.com
About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration
company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic
Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company
utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in
Atlantic Canada, Antimony, Tungsten and Gold.
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in
this release, other than statements of historical facts, that address future exploration drilling, exploration activities and
events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking statements include exploitation and exploration
successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Great Atlantic Resource Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4
To view the original release, please click here
Source: Great Atlantic Resources Corp. (TSX Venture:GR, FWB:PH01)
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