Focused ON Exploring Atlantic Canada Tsx.v: GR Fra: PH01 Great Atlantic Announces Financing ________________________________________________________ ______
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH01
GREAT ATLANTIC ANNOUNCES FINANCING
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VANCOUVER, British Columbia – March 18, 2021 – GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce that it has
arranged a non -brokered private placement of 1,090,909 flow through units at a price of $0. 55
cents per share for gross proceeds of $600,000. Each Flow-Through unit consists of one common
share that qualifies as a “flow -through share” as defined in subsection 66(15) of the Income Tax
Act and one-half share purchase warrant. Each whole warrant will entitle the holder to purchase
one additional non-flow common share at the price of $0.75 for 24 months after closing.
The net proceeds from the Offering will be used for exploration expenses on the Company’s
mineral properties in Atlantic Canada.
A finder's fee may be paid to eligible finders in accordance with the TSX Venture Exchange
policies. All securities issued pursuant to the offering w ill be subject to a hold period of four
months and one day from the date of closing. The offering and payment of finders' fees are both
subject to approval by the TSX-V.
On Behalf of the board of directors
“Christopher R Anderson”
Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director
604-488-3900 – Dir
Investor Relations:
Please call 604-488-3900
About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian
exploration company focused on the discovery and development of mineral assets in the resource-
rich and sovereign risk -free realm of Atlantic Canada, one of the number one mining regions of
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the world. Great Atla ntic is currently surging forward building the company utilizing a Project
Generation model, with a special focus on the most critical elements on the planet that are
prominent in Atlantic Canada, Antimony, Tungsten and Gold.
This press release include s certain statements that may be deemed “forward -looking statements”. All statements in this release, other than
statements of historical facts, that address future exploration drilling, exploration activities and events or developments t hat the Company
expects, are forward looking statements. Although the Company believes the expectations expressed in such forward -looking statements are
based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developme nts may differ
materially from those in forward -looking statements. Factors that could cause actual results to differ materially from those in forward -looking
statements include exploitation and exploration successes, continued availability of financing, a nd general economic, market or business
conditions.
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.
Great Atlantic Resource Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4