Silver Bear Resources Inc. Closes Previously Announces Private Placement of Non-Convertible Promissory Note by Issuing Non-Convertible Promissory Note in the Principal Amount of CAD 3,300,000; Announces Management Changes
The company announced that effective January 12, 2016, Mr. Christopher Westdal, an independent director of Silver Bear, has been appointed non-executive Chairman of the company. Mr. Westdal replaces Mr. Robin Birchall who has resigned as Executive Chairman to devote more time to his other business interests. Mr. Birchall will remain on the board of directors of the company.