Great Atlantic Acquires Comprehensive Assortment
Of Geological Exploration Equipment And New Drill Rig
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia – November 1, 2012 – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) is pleased to announce that it has revised the amount of a non-brokered private placement announced October 9, 2012. The private placement has been increased to 7,163,000 units at a price of $0.10 per unit in the capital stock for total gross proceeds of $716,300. Each unit consists of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder thereof to purchase one additional share of the Company at a price of $0.12 per share for a period of eighteen months from the closing date of the private placement. Final documentation has been submitted to the TSX Venture Exchange for approval.
About Great Atlantic Resources Corp:
Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral deposits in Atlantic Canada which is a sovereign risk free domain. Recently New Brunswick was announced as the number one mining region in the world. Great Atlantic has assembled the A-team of explorers in the region with decades of experience and known track records for discoveries. Currently the company is propelling forward under a project generation model with a focus on Antimony, Tungsten and Gold.
On Behalf of the board of directors
Christopher R Anderson,
CEO – President 604 488-3900
Read about Great Atlantic Resources Corp.: http://greatatlanticresources.com/corporate-overview/
Read Disclaimer: http://greatatlanticresources.com/legal-disclaimer/
Facebook: http://facebook.com/GreatAtlanticResources | Twitter: @GreatAtlRes |
888 Dunsmuir Street, Suite 88, Vancouver, B.C., V6C 3K4