Great Atlantic Resources Corp.: Financing Announced

July 31, 2014 4:13 PM EDT | Source: Great Atlantic Resources Corp.

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2014) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) is pleased to announce that it has arranged a non-brokered private placement of 1,000,000 units at a price of $0.17 per unit for gross proceeds of $170,000. 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. Closing of this placement is conditional upon approval of the TSX Venture Exchange. Certain insiders may sell a portion of their stock to participate in this financing.

Great Atlantic Resources Corp:

On Behalf of the board of directors

Patrick Forseille
604 488-3900

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