This document corrects and replaces in its entirety the press release that was issued by Champion Bear Resources Ltd. on February 5, 2021 at 6:00 AM MST . The error in the Initial Press Release named Mr. Francois Demers, P.Eng as the Qualified Person when in fact, the Qualified Person is Mr. J. Michael Sweeny, PGeo. The corrected press release follows in full below: Champion Bear Resources Ltd. announced today that is [...]
Champion Bear Resources Ltd. announced today that is encouraged by the efforts and investments of the partners involved in evaluating the Parkin Offset Dyke where Champion Bear holds a 50% interest. Lonmin Canada Inc. currently has a joint venture agreement with Wallbridge Mining whereby it can spend up to $11 million on exploration to earn up to half of Wallbridge's interest in the Parkin properties. This is in addition [...]
Champion Bear Resources Ltd. announces that it has entered into an agreement with Richard Kantor, the Company's Chairman and President and Tomahawk Oil and Gas Ltd. , a company controlled by Mr. Kantor, with respect to all of the indebtedness owing by the Company to him and Tomahawk . The purpose of the Agreement is to provide the Company and its shareholders with assurance that neither Mr. Kantor nor Tomahawk will demand [...]
Champion Bear Resources announces that it has filed its annual financial statements for the fiscal year ended December 31, 2019 and the interim financials statements for the three months ended March 31, 2020, related management's discussion and analysis and officer certificates on www.sedar.com, as required by applicable Canadian securities laws. The Company previously announced that it would miss the filing deadline to [...]
Champion Bear Resources announces that further to its April 29, 2020 and June 1, 2020 press releases due to circumstances created by the COVID-19 pandemic, it is continuing to rely on Blanket Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements of the Alberta Securities Commission , to postpone the filing of the certain continuous disclosure documents required by National Instrument 51-102 [...]
Champion Bear Resources Ltd. announces that that it has been granted a management cease trade order by the Alberta Securities Commission , the Company's principal securities regulator in Canada, pursuant to National Policy 12-203 - Management Cease Trade Orders in respect of the late filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. The MCTO will be in [...]
Champion Bear Resources Ltd. announces today the resignation of KPMG LLP as auditor of the Company and the appointment of BDO Canada LLP of Calgary, Alberta as auditor for the Company effective June 22, 2020 until the close of the next annual general meeting of the shareholders of the Company. There were no reservations in the Former Auditor's reports in connection with the financial statements of the Company since the [...]
Champion Bear Resources Ltd. announces that it has made an application to the Alberta Securities Commission , the Company's principal securities regulator in Canada, under National Policy 12-203 - Management Cease Trade Orders requesting that a temporary management cease trade order be granted in respect of the anticipated late filing of the annual financial statements for the year ended December 31, 2019. There is no [...]
Champion Bear Resources announces that further to its April 29, 2020 press release due to circumstances created by the COVID-19 pandemic, it is continuing to rely on Blanket Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements of the Alberta Securities Commission, to postpone the filing of the certain continuous disclosure documents required by National Instrument 51-102 – Continuous Disclosure [...]
Champion Bear Resources Ltd. announces that due to circumstances created by the COVID-19 pandemic, it is relying on Blanket Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements of the Alberta Securities Commission , to postpone the filing of the certain continuous disclosure documents required by National Instrument 51-102 – Continuous Disclosure Documents . In particular, the Company will be [...]
Champion Bear Resources Ltd. announces that it has settled and extinguished $528,445.97 of Champion Bear's outstanding debt through the issuance of common shares of the Company . In accordance with settlement of Debt , the Company issued 3,522,972 Common Shares at a deemed price of $0.15 per Common Share to eight creditors of the Company. Included among those exchanging their debt for Common Shares is Champion Bear's [...]
Champion Bear Resources Ltd. has granted options to acquire an aggregate of 588,698 common shares of Champion Bear to the Company's President and a Director. The options replace 303,698 previously exercised options on December 4, 2019 and 285,000 options previously issued, which expired on March 8, 2020. The options vest as to one-third thereof on each of the six, 12 and 18 month anniversaries of the date of the grant [...]