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File: News Oct 2014 Final.doc

 

 Great Atlantic Resources Corp. Update
  __________________________________________________________________________________
A PROJECT GENERATOR  -  FOCUSED ON ANTIMONY, TUNGSTEN AND GOLD                                  
VANCOUVER, British Columbia - October 24, 2014   - GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) is pleased to announce an 
--->update of a non-brokered private placement announced July 31, 2014 and August 25, 2014 for 1,765,000 units at a price 
--->of $0.17 per unit.  Each unit will comprise of one common share and one flow-through share purchase warrant which may 
--->be exercised for a period of five years at a price of $0.20 per share.  The Company has now submitted final documentat
--->ion for the third and final tranche of this financing to the TSX Venture Exchange for final approval which consists of
---> 450,000 units. Total units subscribed from all three tranches is 1,460,000 for gross proceeds of $248,200.   The shar
--->es are subject to a four month hold period expiring four months after the closing dates.
The Company further announces the following which briefly describes the matters voted upon and the outcome of the vote
--->s at the annual and special meeting of the shareholders of Great Atlantic Resources Corp. (the "Company") held on Sept
--->ember 30 in Toronto, Ontario:
 Item 1:  Appointment of Auditors
Watson Dauphinee & Masuch LLP, Chartered Accountants were appointed as the auditors of the Company by way of an ordina
--->ry resolution.
 Item 2:  Election of Directors
 The three nominees set forth in the management information circular of the Company dated Augsut 26, 2014 (the "Circul
--->ar") were elected as directors of the Company by way of an ordinary resolution:  Chris Anderson, Lorne Mann and Patric
--->k Forseille.
Item 3:  Approval of Incentive Share Option and Bonus Share Plan
 An ordinary resolution was passed approving the Company's amended and restated 10% rolling Stock Option Plan, as more
---> particularly described in the Circular.

Great Atlantic Resources Corp:
On Behalf of the board of directors
604 488-3900


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 no
--->t guarantees of future performance and actual results or developments may differ materially from those in forward-look
--->ing 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 b
--->usiness 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.