CAPITAL MARKETS

Great Bear to gain C$3.5 million

Market darling Great Bear Resources (TSXV: GBR) is set to raise C$3.5 million (US$2.7 million) in a bought deal private placement as it plans to beef up exploration at the Dixie project in Ontario’s Red Lake district.

Staff reporter
Junior to increase exploration activity

Junior to increase exploration activity

Cormark Securities has agreed to purchase 1 million flow-through shares at $3.50 each, with the option to sell up to an additional 150,000 at the same price up to the closing date, around November 13....

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