Great Bear Appoints New Director
Vancouver, BC / TNW-ACCESSWIRE / March 18, 2014 / Great Bear Resources Ltd. (TSX-V: GBR, "Great Bear", or the "Company") is pleased to announce the appointment of Mr. Borden Putnam to the Board of Directors of the Company effective immediately.
Mr. Putnam, an economic geologist and independent advisor to a number of resource-focused hedge funds and project finance entities, brings over 38-years of mining and investment management experience to Great Bear's board of directors. Mr. Putnam's experience includes 12-years as a mining analyst and managing director with two hedge and several mutual funds, 5-years as Chief Geologist and Vice President - Geology with MRDI (now Amec), and 20-years as a geologist and district manager with major mining companies in the United States, including Newmont Mining and AMAX Exploration. Mr. Putnam holds Master of Science in Geology-Geochemistry and Bachelor of Science, Geology degrees from the New Mexico Institute of Mining and Technology, and has studied Economic Evaluation and Investment Decision Methods at the Colorado School of Mines.
The Company also announces that an aggregate of 225,000 incentive stock options have been granted to directors, officers and consultants of the Company. The stock options have an exercise price of $0.15/share and are exercisable for a period of five years from the date of grant.
For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-681-0037.
ON BEHALF OF THE BOARD
"Chris Taylor"
Chris Taylor, President and CEO
Inquiries:
Tel: 604-681-0037
Fax: 604-681-0094
info@greatbearresources.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.
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