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Great Atlantic Increases Financing To $816,500 And Submits For Closing

PRIVATEJun 27, 2022

Round Type

Funding Round

VancouverSustainabilityNatural ResourcesSoftware

Description

VANCOUVER, BC / June 27, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic") is pleased to announce that due to positive investor response, Great Atlantic has increased its previously announced non-brokered private placement on June 16, 2022, to 8,165,000 units at a price of $0.10 cents per unit for gross proceeds of $816,500. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of 5 years at a price of $0.12 per share.

Quick answer

Great Atlantic Resources raised an undisclosed amount in a Funding Round round, dated June 27, 2022. Great Atlantic Resources is based in Vancouver, Washington, United States.

How much did Great Atlantic Resources raise?
Great Atlantic Resources raised an undisclosed amount in a Funding Round round on June 27, 2022.
What does Great Atlantic Resources do?
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..
Where is Great Atlantic Resources based and how big is it?
Great Atlantic Resources is based in Vancouver, Washington, United States.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as Great Atlantic Resources that raised within 45 days of this round, from Fundz verified event records.

  • FlexGen Power Systems raised $100M (Series C) on July 19, 2022.
  • SolarSquare raised $4M (Seed) on June 10, 2022.
  • Vecino Energy Partners raised $200M on July 19, 2022.
  • Franco-Nevada Corporation raised an undisclosed amount (Funding Round) on July 18, 2022.
  • Blackbuck Resources raised an undisclosed amount (Funding Round) on July 18, 2022.
  • Persistent Energy raised $10M (Funding Round) on July 13, 2022.

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Company Information

Company

Great Atlantic Resources

Location

Vancouver, Washington, United States

About

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 the world. Great Atlantic 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 includes 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 that 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 developments 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, and 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 Corp888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4

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