Fundz

Great Atlantic Resources Closes Financing

PRIVATENov 23, 2022

Round Type

Funding Round

VancouverSustainabilityNatural ResourcesSoftware

Investors

Tsx Venture Exchange PolicySprott Capital Partners

Description

VANCOUVER, BC / November 23, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce that is has closed the non-brokered private placement previously announced on October 25 and November 4 and November 8, 2022 by issuing 13,571,428 units for gross proceeds of $475,000. The placement was oversubscribed by $25,000. The units of the financing are comprised of one common share at a price of $0.035 and a full share purchase warrant, which may be exercised for a period of 60 months at a price of $0.05 per share.

Quick answer

Great Atlantic Resources raised an undisclosed amount in a Funding Round round, dated November 23, 2022. Investors: Tsx Venture Exchange Policy and Sprott Capital Partners. 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 November 23, 2022.
Who invested in Great Atlantic Resources?
Tsx Venture Exchange Policy and Sprott Capital Partners are named as investors in this round.
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.

  • SolarSquare raised $13M (Series A) on November 3, 2022.
  • BaM Body and Mind Dispensary NJ raised an undisclosed amount (Funding Round) on December 22, 2022.
  • BaM Body and Mind Dispensary NJ raised $979K (Seed) on December 21, 2022.
  • BaM Body and Mind Dispensary NJ raised $3M (Seed) on December 19, 2022.
  • Cielo Waste Solutions Corp raised $5M (Convertible Note) on December 19, 2022.
  • Comstock raised $3.1M on December 16, 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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