EKB Represents Great Bear Resources Ltd. in $3.5 million Bought Deal Private Placement Financing

Members of EKB’s Business Law team, led by Alan Monk and assisted by Katie Gordon, were pleased to act for Great Bear Resources Ltd. in a bought deal private placement financing of 1,000,000 “flow-through” common shares at $3.50 per share for gross proceeds of $3,500,000.

Great Bear is currently engaged in a 30,000 metre, approximately 150 drill hole program at its flagship Dixie property located in Red Lake, Ontario, which is expected to continue through 2018 and 2019. Great Bear intends on using the gross proceeds of the financing on its exploration programs.

For over 40 years, EKB has represented exploration and mining companies at all stages of their development in respect of their projects in British Columbia, elsewhere in Canada and around the world.