{"id":70498,"date":"2019-07-29T15:18:44","date_gmt":"2019-07-29T07:18:44","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/tinkerine-studios-will-be-acquired-by-white-bear-resources.3dm"},"modified":"2019-07-29T15:18:44","modified_gmt":"2019-07-29T07:18:44","slug":"tinkerine-studios-will-be-acquired-by-white-bear-resources","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/","title":{"rendered":"Tinkerine Studios Will Be Acquired by White Bear Resources"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"line-height: 1.5em;\">If you go to <\/span>the website of White Bear Resources<span style=\"line-height: 1.5em;\">, a natural resource company, you\u2019ll be met with a message that reads, \u201cWhite Bear Resources is currently undergoing maintenance.\u201d  That maintenance, it appears, is the acquisition of British Columbia-based <\/span>Tinkerine Studio Ltd.<span style=\"line-height: 1.5em;\">, makers of the <\/span>Ditto+<span style=\"line-height: 1.5em;\"> and Litto 3D printers.  The two companies signed a binding letter of intent (LOI), accepted on January 4, 2014, and White Bear \u201cis expected to change the focus of its business in connection with the Acquisition\u201d, so likely we\u2019ll see an all-new 3D printing related website.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft size-full wp-image-22364\" alt=\"Litto 3D printer Tinkerine Studios\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2014\/01\/Litto-3D-printer-Tinkerine-Studios.jpg\" width=\"700\" height=\"441\" \/><\/p>\n<p>The agreement will see White Bear \u201cacquire all of the 200 issued and outstanding shares of Tinkerine in exchange for the issuance of an aggregate of 12,000,000 common shares of White Bear,\u201d which will make the 3D printer manufacturer, awarded \u201cSurprise Hit\u201d and \u201cBest Value\u201d by <i>Make <\/i>this past year, a wholly-owned subsidiary of White Bear. Tinkerine option holders will exchange their 15 options for 900,000 options of White Bear, exercisable for one share of White Bear at $0.15 a share until December 20, 2016. Tinkerine will also receive a minimum of $2,000,000 in financing from the parent company in the form of 8,000,000 units at $0.25 per unit.<\/p>\n<p>After the deal is closed, officers and directors of White Bear, Byron Coulthard, James Clucas and Cyrus Driver will be replaced by principals of Tinkerine Studio, while John Veltheer continues on as director of White Bear.  The LOI offers a list of possible officers and directors to be a part of the White Bear board: Desmond Liew, CEO of a rare Earth metal mining company called Taiwan Rare Earth Ltd. will most likely act as Chairman and Director; Eugene Suyu, CEO of Tinkerine will become the CEO of White Bear; Martin Burian, director of Atlas Cloud Enterprises Inc. will be the CFO; John Veltheer who is also a director of Atlas Cloud Enterprises and works in mineral exploration will be a director of White Bear; and Todd Blatt, a 3D designer and co-owner of BMore3D will also be a director.<\/p>\n<p>Strange combination of businesses \u2014 rare Earth metals and minerals and a 3D printing company. Although it may be a coincidence that such a company simply decided to switch focus and pursue 3D printing, it may also indicate the possibility of Tinkerine supplying its own unique materials, apart from the plastics they already sell. White Bear is traded on the Canadian Stock Exchange under the symbol WBR, so they might benefit from some public money with their new 3DP direction.<\/p>\n<p>Source: <i>Yahoo! News<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you go to the website of White Bear Resources, a natural resource company, you\u2019ll be met with a message that reads, \u201cWhite Bear Resources is currently undergoing maintenance.\u201d That maintenance, it appears, is the acquisition of British Columbia-based Tinkerine Studio Ltd., makers of the Ditto+ and Litto 3D printers. The two companies signed a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":183459,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2014\/01\/Litto-3D-printer-Tinkerine-Studios.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-70498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinkerine Studios Will Be Acquired by White Bear Resources - FacFox News<\/title>\n<meta name=\"description\" content=\"If you go to the website of White Bear Resources, a natural resource company, you\u2019ll be met with a message that reads, \u201cWhite Bear Resources is currently\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinkerine Studios Will Be Acquired by White Bear Resources\" \/>\n<meta property=\"og:description\" content=\"If you go to the website of White Bear Resources, a natural resource company, you\u2019ll be met with a message that reads, \u201cWhite Bear Resources is currently\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T07:18:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2014\/01\/Litto-3D-printer-Tinkerine-Studios.jpg\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2014\/01\/Litto-3D-printer-Tinkerine-Studios.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"Tinkerine Studios Will Be Acquired by White Bear Resources\",\"datePublished\":\"2019-07-29T07:18:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\"},\"wordCount\":423,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2014\/01\/Litto-3D-printer-Tinkerine-Studios.jpg\",\"keywords\":[\"3dprint\",\"3dprinting\",\"business\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\",\"url\":\"https:\/\/facfox.com\/news\/tinkerine-studios-will-be-acquired-by-white-bear-resources\/\",\"name\":\"Tinkerine Studios Will Be Acquired by White Bear Resources - 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