May 27, 2010
Great Bear Resources Ltd. (“Great Bear” or the "Company”) has announced the effective date of its statutory arrangement (the “Arrangement”) previously approved by its shareholders and by the Supreme Court of British Columbia. The effective date of the Arrangement will be May 31, 2010 (the “Arrangement Effective Date”).
The Arrangement will result in the transfer of certain assets of Great Bear to Mountain Gold Resources Ltd. ("Mountain Gold"), a wholly-owned subsidiary of Great Bear, under the provisions of Section 288 of the British Columbia Business Corporations Act (the “BCBCA”).�
The results of the proposed Arrangement are summarized as follows:�
Company: Great Bear Resources Ltd.
Symbol: GBR�
Effective Date and Record Date: Monday, May 31, 2010�
Ex-Distribution Date: Thursday, May 27, 2010
If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: [email protected]