Rogers has 25 years’ experience with international public companies and her roles have included vice president and treasurer with Goldcorp Inc and was treasurer with Wheaton River Minerals Ltd, where she completed over $3 billion of equity and debt-based project financings.
"Great Bear management is very pleased to nominate Paula Rogers to our Board of Directors, and recommend shareholders approve her nomination at our December Annual General Meeting," said CEO of Great Bear, Chris Taylor, in a statement.
"Paula was an integral member of the core foundational teams at Goldcorp and Silver Wheaton. She is an expert on the types of advanced project financing and governance tasks that Great Bear has before us as we continue to advance our flagship Dixie project.
"We at Great Bear feel privileged to have the opportunity to work with such a highly respected member of the Canadian mining community and anticipate our shareholders will receive strong long-term benefits through Ms. Rogers' experience," Taylor added.
Great Bear also said it had acquired a further claim package called the Red Lake North (RLN) property as part of its regional exploration. This spans 3,220 hectares of claims located in what are interpreted to be the Woman Lake and Flat Lake assemblages of the Balmer Sequence, around 70 kilometres northeast of Red Lake.
The company can acquire a 100%, royalty-free interest in the RLN property via an option agreement with Perry English, Gravel Ridge Resources Ltd., and 1544230 Ontario Inc. (a company controlled by Perry English), whereby Great Bear will pay a total of $125,000 over four years, and issue 10,000 shares.
Great Bear said its AGM will take place on December 15 this year, while the webinar will take place on November 30 at 9am PST/12 pm EST. Online registration and participation details can be found HERE.
The event will discuss the ongoing progress involving detailed three-dimensional modeling of the geology and gold zones at the Dixie project and Chris Taylor and Bob Singh (VP exploration) will be available to answer questions following the presentation.
Great Bear is hunting for gold in the prolific Red Lake area of northwest Ontario, where it controls over 330 square kilometres of ground across five projects, including the flagship Dixie project.
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