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Last C$0.06 CAD
Change Today 0.00 / 0.00%
Volume 18.7K
SBR On Other Exchanges
As of 11:49 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

silver bear resources inc (SBR) Snapshot

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52 Week High
07/4/14 - C$0.17
52 Week Low
03/10/15 - C$0.04
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silver bear resources inc (SBR) Details

Silver Bear Resources Inc., an exploration stage company, is engaged in the evaluation, acquisition, exploration, and development of silver properties in the Russian Federation. It principally owns a 100% interest in the Mangazeisky property that covers an area of 570 square kilometers and is located in the north of Yakutsk in the Republic of Sakha, Yakutia. Silver Bear Resources Inc. was incorporated in 2004 and is headquartered in Toronto, Canada.

21 Employees
Last Reported Date: 03/30/15
Founded in 2004

silver bear resources inc (SBR) Top Compensated Officers

Executive Chairman
Total Annual Compensation: C$192.5K
Chief Financial Officer
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2013.

silver bear resources inc (SBR) Key Developments

Silver Bear Resources Inc. Auditor Raises 'Going Concern' Doubt

Silver Bear Resources Inc. filed its Annual on Mar 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Silver Bear Resources Inc. Enters into Unsecured Non-Convertible Promissory Notes with FrontDeal Limited and Inflection Management Corporation

Silver Bear Resources Inc. announced that it has entered into unsecured non-convertible promissory notes with FrontDeal Limited and with Inflection Management Corporation, pursuant to which FrontDeal and Inflection have each agreed to lend the company USD 3,500,000 respectively for a total of USD 7,000,000. Amounts outstanding under the promissory notes will incur interest at a rate of 15% per year and the principal and interest payable thereon will mature on June 27, 2015. Silver Bear intends to use the proceeds of the promissory notes to finance the further development of the Mangazeisky project, which includes; The completion of the NI 43-101 Feasibility Study; Environmental and Social Impact Assessment Study; Russian Feasibility Studies, a key component of the Russian design and permitting process; the start of construction of new infrastructure and purchase of construction materials as part of early project implementation; and for general working capital purposes and ongoing exploration.

Silver Bear Resources Inc. Announces Board Changes

Silver Bear Resources Inc. announced that Mr. Boris Granovsky has been appointed to the Board of Directors of the company, replacing Ms. Anastasia Gracheva.


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