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Champion Bear Resources Ltd
Symbol CBA
Shares Issued 52,243,326
Close 2019-02-26 C$ 0.165
Recent Sedar Documents

Champion Bear investor Butler holds 10.68% of shares

2019-02-27 02:24 ET - News Release

Mr. Brad Butler, a shareholder, reports

EARLY WARNING REPORT FILING

As previously reported on Dec. 28, 2016, Champion Bear Resources Ltd. has completed an equity offering of five million common shares at a price of 10 cents per share. At this time, Brad Butler acquired one million common shares.

Following the acquisition of these shares and as disclosed in the annual information circular dated May 19, 2017, Mr. Butler exercised control over an aggregate of 4,859,442, representing approximately 10.68 per cent of the issued and outstanding common shares.

Mr. Butler holds the common shares for investment purposes and may, depending on market and other conditions, acquire additional common shares through market transactions or otherwise, or may sell all or some of the common shares which he owns or controls.

This news release is issued pursuant to National Instrument 62-103 (the Early Warning System). Mr. Butler has filed an early warning report dated Feb. 27, 2019. A copy of the EWR will appear on Champion Bear profile at SEDAR.

About Champion Bear Resources Ltd.

Champion Bear is a mineral exploration company, focused exclusively on the historically prospective regions of Ontario. The company's primary targets are platinum group metal, precious metal and polymetallic base metal deposits. Champion Bear's aim is to create shareholder value through selective property acquisition followed by focused exploration emphasizing drilling. The company has assembled a large land position in the Dryden and Sudbury areas, totalling over 16,000 hectares.

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