Great Bear Announces Voting Results of its Annual General Meeting
Great Bear Resources Ltd. (TSXV: GBR, OTCQX: GTBAF) held its Annual General Meeting on June 29, 2021, with 33,673,676 shares represented, accounting for 58.94% of total shares. Shareholders overwhelmingly supported all business items, including the election of directors, with Gilbert Lawson receiving 99.76% of votes in favor. Notably, Tony Ricci did not seek re-election after ten years of service. The company retains a strong focus on gold exploration in Ontario's Red Lake district, overseeing over 200 km² of land across four wholly-owned projects.
- Shareholders voted overwhelmingly in favor of all AGM items.
- High percentage of votes in favor for elected directors, with Gilbert Lawson at 99.76%.
- Company controls over 200 km² in the Red Lake gold district.
- None.
TSXV: GBR
VANCOUVER, BC, June 30, 2021 /PRNewswire/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", (TSXV: GBR) (OTCQX: GTBAF) announces the results of its Annual General Meeting ("AGM") held on, June 29, 2021. The total number of shares represented by shareholders present in person and by proxy at the Meeting was 33,673,676, representing
The Company's shareholders voted in favour of all items of business brought forward at the AGM, as follows:
Election of Directors
% of Votes | % of Votes | |
Gilbert Lawson | ||
Michael Kenyon | ||
Douglas Ramshaw | ||
Paula Rogers | ||
David Terry | ||
Chris Taylor |
Approval of Resolutions:
% of Votes | % of Votes | |
To Set the number of | ||
Appointment of Deloitte LLP | ||
Approval of Amended and | ||
Approval of Amended |
Chris Taylor, President and CEO stated: "On behalf of the Board of Directors we would like to thank our shareholders for their continued support. Mr. Tony Ricci did not stand for re-election as a director this year. Tony has served as a Director of Great Bear for 10 years and has been instrumental in the evolution of the Company. On behalf of the Board of Directors we thank Tony for his many years of service to the company and wish him well in the future."
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 200 km2 of highly prospective tenure across 4 projects, all
ON BEHALF OF THE BOARD
"Chris Taylor"
Chris Taylor, President and CEO
Cautionary note regarding forward-looking statements
This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.
Such factors, among other things, include: impacts arising from the global disruption caused by the Covid-19 coronavirus outbreak, business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.
Great Bear undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
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SOURCE Great Bear Resources Ltd.
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