Movers and SHAKERS
Great Bear to Host a Webinar on Monday, June 7 at 11:00am PDT/ 2:00pm EDT to Provide a Company Update on the Dixie Project Drill Program
May 10, 2021 – Vancouver, British Columbia, Canada – Great Bear Resources (the “Company” or “Great Bear”, TSX-V: GBR) would like to invite interested shareholders to join Mr. Chris Taylor, P.Geo, President and CEO and Mr. R. Bob Singh, P.Geo, Vice President, Exploration for a webinar detailing recent progress in the Company’s ongoing fully-funded drill program at its 100% owned Dixie property in the Red Lake district of Ontario.
The Great Bear webinar will take place on Monday, June 7th at 11:00 am PDT / 2:00 pm EDT. Management will be available to answer questions following the presentation. Online registration and participation details may be found at the following link:
For those unable to participate, a recording of the webinar will be posted to the Company’s web site following the live broadcast.
Annual Incentive Grant
The Company also reports that it has completed its annual incentive compensation grants. A total of 61,236 Deferred Share Units (“DSUs”) have been granted to non-executive directors and 265,356 Restricted Share Units (“RSUs”) have been granted to employees. The DSUs and RSUs were granted in accordance with the Company’s DSU/RSU Plan adopted in December 2020. The DSUs vest immediately and the RSUs vest on May 7th, 2024.
In addition, the Company has granted incentive stock options to recently hired employees to purchase up to an aggregate of 205,000 common shares. The incentive stock options have an exercise price of $14.97, vest over two years, and expire after five years.
About Great Bear
Great Bear Resources Ltd. is a well-financed gold exploration company managed by a team with a track record of success in mineral exploration. Great Bear is focused in the prolific Red Lake gold district in northwest Ontario, where the company controls over 330 km 2 of highly prospective tenure across 5 projects: the flagship Dixie Project (100% owned), the Pakwash Property (earning a 100% interest), the Dedee Property (earning a 100% interest), the Sobel Property (earning a 100% interest), and the Red Lake North Property (earning a 100% interest) all of which are accessible year-round through existing roads.
ON BEHALF OF THE BOARD
Chris Taylor, President and CEO
Mr. Knox Henderson