GREAT BEAR RESOURCES LTD. ("GBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 14, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a Non-Brokered Private Placement announced June 1, 2015 and July 31, 2015:
Number of Shares: 2,525,000 shares
Purchase Price: $0.05 per share
Warrants: 1,262,500 share purchase warrants to purchase 1,262,500 shares
Warrant Exercise Price: $0.08 for a two year period
Number of Placees: 15 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Christopher Taylor Y 200,000
Nicmar Capital Corp. (Tony Ricci) Y 200,000
Aggregate Pro Group Involvement P 1,100,000
[2 Placees]
Finder's Fee: $1,800 payable to Haywood Securities Inc., with 36,000 warrants exercisable at $0.08 for two years
$4,050 payable to PI Financial Corp., with 81,000 warrants exercisable at $0.08 for two years
The Company issued a news release on September 8, 2015 confirming closing of the first tranche of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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