GOLD: Great Bear raises $11M in flow-through shares

[caption id="attachment_1003729503" align="alignleft" width="256"] Visible gold in core recovered from the high grade Dixie Lake Hinge zone. (Image: Great Bear Resources)[/caption] ONTARIO – Vancouver-based Great Bear Resources has successfully closed a deal worth $10.9 million with which to continue exploration at its gold projects in this province. A consortium led by Cormark Securities and including Canaccord Genuity Corp. subscribe to 2.0 million flow-through shares priced at $5.45 each for aggregate proceeds of $10.9 million. The shares are subject to a four-month and one day hold period that expires on November 4, 2019. The underwriters will receive a commission of 6% on the gross amount raised. Great Bear is currently in the midst of a 90,000-metres drilling program at its 100% owned Dixie Lake gold project located a 15-minute drive from downtown Red Lake. More information is posted at www.GreatBearResources.com.