May 12 (Reuters) - Great Bear Resources Ltd GBR.V :
* GREAT BEAR ANNOUNCES C$20.0 MILLION BOUGHT DEAL PRIVATE PLACEMENT OF FLOW-THROUGH COMMON SHARES
* GREAT BEAR RESOURCES LTD - UNDERWRITERS SHALL PURCHASE 1.2 MILLION COMMON SHARES AT A PRICE OF C$17.00 PER FLOW-THROUGH COMMON SHARE
* GREAT BEAR RESOURCES - GROSS PROCEEDS FROM OFFERING WILL BE USED TO INCUR "CANADIAN EXPLORATION EXPENSES" RELATED TO GREAT BEAR'S PROJECTS IN ONTARIO