|Bid||7.86 x 0|
|Ask||7.90 x 0|
|Day's Range||7.69 - 7.98|
|52 Week Range||1.85 - 9.57|
|Beta (5Y Monthly)||-0.35|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.44|
VANCOUVER , Dec. 5, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported the significant expansion of its ongoing drill program at its flagship Dixie project in the Red Lake district of Ontario , from 90,000 metres to 200,000 metres. The Company will also add additional drill rigs, beginning in January 2020 . The expanded drill program remains fully-funded with a 2020 budget of $21 million , and the Company has the ability to further augment the program with cash on hand.
Accordingly, the Company has issued 2,000,000 common shares that qualify as "flow-through shares" for the purposes of the Income Tax Act ( Canada ) ("Flow-Through Common Shares") at a price of $8.35 per Flow-Through Common Share, for aggregate gross proceeds to the Company of C$16,700,000 . The proceeds of the Offering will be used to incur "Canadian exploration expenses" (within the meaning of the Income Tax Act ( Canada )) related to Great Bear's projects in the Red Lake district of Ontario .
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2019) - On national TV Sat. Nov. 23 & Sun. Nov. 24, 2019 - As gold continues to trend upwards, BTV- Business Television shines the spotlight on gold and silver companies for investors' watchlist.Discover Companies to Invest InClick company name to watch their TV feature: Victoria Gold Corp. (TSXV: VIT) - BTV shares Victoria Gold's milestone moment - the pouring of their first gold bar at ...
VANCOUVER , Nov. 7, 2019 /CNW/ - Great Bear Resources Ltd. (GBR.V) ("Great Bear" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Canaccord Genuity Corp. to act as co-lead underwriters of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters shall purchase 1,750,000 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act ( Canada ) ("Flow-Through Common Shares") at a price of $8 .35 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately C$14 .6 million (the "Offering"). The Company has also granted the Underwriters an option to sell up to an additional 250,000 Flow-Through Common Shares at the offering price up to the Closing Date.
Great Bear Drills New Near-Surface High-Grade "Yauro Zone" Discovery at Dixie: 10.32 g/t Gold Over 18.20 m; 5.60 g/t Gold Over 25.25 m; and 16.60 g/t Gold Over 6.00 m
VANCOUVER , Oct. 24, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported its intention to create, and subsequently spin-out, a two percent Net Smelter Royalty ("NSR") on any potential future mineral production at the Dixie property. The NSR will initially be placed in a wholly-owned subsidiary ("SpinCo"). The intention is for the shares of SpinCo to be distributed to the shareholders of Great Bear at a time to be determined by the Board of Directors. It is expected that the distribution will be completed pursuant to a plan of arrangement (the "Arrangement"), under the Business Corporations Act ( British Columbia ). The Arrangement will be subject to TSX Venture Exchange, regulatory and court approval, as well as at management's continued discretion. Pursuant to the arrangement, common shares of SpinCo will be distributed to shareholders of Great Bear on a pro rata basis. Subsequent to the SpinCo share distribution, the Board of Directors of SpinCo may at some point decide to pursue listing of its shares on a stock exchange, if and when it determines it is in the best interests of its shareholders. There will be no change in shareholders' holdings in Great Bear as a result of the Arrangement.
TSX-V: GBR VANCOUVER , Oct. 10, 2019 /PRNewswire/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported results from its ongoing 90,000 metre drill ...
Just because a business does not make any money, does not mean that the stock will go down. By way of example, Great...
Great Bear Completes 14 Drill Fences Along 3.2 Kilometres of the LP Fault: Bear-Rimini, Auro and Yuma Zones Are Combined Into One Zone - New Assays Include 14.90 g/t Gold Over 3.55 m Within 2.09 g/t Gold ...
NEW YORK , Sept. 25, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Great Bear Resources Ltd (TSX-V: GBR; ...
Great Bear Drills Multiple Gold Discoveries Along 3.2 km of the LP Fault at Dixie: Drilling at New "Auro" Zone, a 2.6 km Step-Out from Bear-Rimini, Intersects 101.71 g/t Gold Over 1.50 m Within ...
TSX-V: GBR VANCOUVER , Aug. 21, 2019 /PRNewswire/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported the most recent drill results from the Hinge ...