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Silver Bear Resources Inc.

11:57 AM EST - Silver Bear Resources Inc. : Has now concluded formal agreements with its major shareholders, A.B. Aterra Resources Ltd. and Inflection Management Corporation Limited which increase the previously provided project facilities by a further $15 million U.S. and extend the maturity dates of their outstanding convertible notes from March 31 to December 31. Silver Bear Resources Inc. shares T.SBR are trading down $0.015 at $0.39.