Eric Sprott Announces Changes to His Holdings in Kirkland Lake Discoveries Corp.
Toronto, Ontario--(Newsfile Corp. - June 2, 2025) - Eric Sprott announces that, on May 30, 2025, 4,000,000 common share purchase warrants (Warrants) of Kirkland Lake Discoveries Corp. held by 2176423 Ontario Ltd., a corporation beneficially owned by him, expired unexercised representing a decrease in holdings of approximately 3.0% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to such expiry, Mr. Sprott beneficially owned and controlled 8,509,250 Shares and 8,000,000 Warrants representing approximately 7.6% of the outstanding Shares on a non-diluted basis and approximately 13.7% on a partially diluted basis assuming the exercise of such Warrants.
As a result of the expiry of the Warrants, Mr. Sprott now beneficially owns 8,509,250 Shares and 4,000,000 Warrants representing approximately 7.6% of the outstanding Shares on a non-diluted basis and approximately 10.7% on a partially diluted basis assuming the exercise of such Warrants. The Warrant expiry resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report.
The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
Kirkland Lake Discoveries address is 1055 West Georgia Street, Suite 2129., Vancouver, British Columbia, V6E 3P3. A copy of the early warning report with respect to the foregoing will appear on Kirkland Lake Discoveries profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto, Ontario, M5C 3C5).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254160
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Sylla Gold Announces Loans
Bedford, Nova Scotia--(Newsfile Corp. - June 6, 2025) - Sylla Gold Corp. (TSXV: SYG) (OTC Pink: SYGCF) ("Sylla" or the "Company") announces it has issued unsecured promissory notes (the "Notes") in the principal amount of $45,000 in connection with the loans (the "Loans") to the Company from non arm's length and arm's length lenders (collectively, the "Lenders"). The Notes bear interest at seven percent (7%) per annum and the Loans and any accrued interest owing pursuant to the Notes, shall become due and be paid in full on demand, which demand may be made by the Creditor at any time after June 6, 2026. In connection with the Notes, the Company will issue to the Lenders an aggregate of 599,998 common shares (each, a "Common Share") in the capital of the Company at a deemed price of $0.015 per Common Share as a loan bonus. The Company intends to use the net proceeds from the Loans for: (i) approximately $36,000 for the audit for the financial year ended February 28, 2024; (ii) approximately $4,000 to the Company's transfer agent, for services rendered; and (iii) approximately $5,000 for general working capital purposes. All Common Shares issued in connection with the Notes will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The issuance of the Common Shares remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. The issuance of the Notes constitutes a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") as certain Lenders are directors and/or officers of the Company. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the principal amount of the Notes held by the insiders do not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report more than 21 days before the issuance of the Notes as the Company wished to close on an expedited basis. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. For more information, please contact: Regan IsenorPresident and Chief Executive OfficerTel: (902) 233-4381Email: risenor@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Bret Talley Scholarship and Talley Digital Media Announce 2025 Winner
Delray Beach, Florida--(Newsfile Corp. - June 6, 2025) - Bret Talley, a seasoned entrepreneur and founder of Talley Digital Media, proudly announces Carlos D., a distinguished undergraduate student from the University of South Florida, as the recipient of the 2025 Bret Talley Scholarship for Future Tech Pioneers. This award recognizes promising talent in technology and digital innovation, aiming to support students poised to become the next generation of leaders in the tech industry. To view an enhanced version of this graphic, please visit: The Bret Talley Scholarship for Future Tech Pioneers reflects Bret Talley's long-standing commitment to advancing technological education and digital entrepreneurship. Established to identify and assist outstanding undergraduate students nationwide, the scholarship aligns with Bret Talley's vision to foster growth in the technology sector by investing in promising young minds. Carlos D. distinguished himself among numerous applicants through a rigorous selection process based on academic achievement, leadership potential, and dedication to technological innovation. As a University of South Florida student, Carlos D. demonstrates exceptional promise in technology, making him an ideal candidate for this honor. Bret Talley, with nearly two decades of experience in digital marketing and online media, personally oversees the scholarship program. He holds degrees in Marketing and Information Technology from Penn State University and has led Talley Digital Media to success since its launch in 2012. The firm specializes in search engine optimization and digital presence enhancement for businesses and high-profile clients. Bret Talley's extensive background in technology and marketing uniquely positions him to recognize and nurture emerging talent through this scholarship. The scholarship program, open to undergraduate students across the United States, aims to support the educational journeys of future innovators without restrictions to any specific city or state. Bret Talley emphasizes the importance of cultivating technological skills and business acumen, essential for students aspiring to make significant contributions to the evolving digital economy. "This scholarship represents a crucial opportunity for students like Carlos D. to pursue their goals in technology with increased support and recognition," states Bret Talley. "It is vital to encourage fresh ideas and innovation, and through this program, we are committed to investing in those who will shape the future." Carlos D. will receive financial assistance to further his studies and projects that align with cutting-edge technology trends. The award highlights the role of scholarships in bridging gaps for students aiming to excel in competitive and fast-moving fields such as software development, digital media, and information technology. Bret Talley plans to continue expanding the scholarship to reach more students who demonstrate creativity, leadership, and technical expertise. The program is accessible through the official scholarship website, where future applicants and supporters can find detailed information and updates. About Bret TalleyBret Talley is an accomplished entrepreneur based in Florida and the founder of Talley Digital Media. With a career spanning nearly 20 years in digital marketing and technology, he has launched numerous successful ventures and brands. Bret Talley combines his expertise in marketing and information technology to help businesses enhance their online presence. His dedication to supporting emerging technology talent is reflected in the establishment of the Bret Talley Scholarship for Future Tech Pioneers, which continues to make a significant impact on young professionals' educational paths. For further information about the Bret Talley Scholarship for Future Tech Pioneers or to learn about upcoming application cycles, visit Contact Info: Spokesperson: Bret TalleyOrganization: Bret Talley ScholarshipWebsite: To view the source version of this press release, please visit
Yahoo
2 hours ago
- Yahoo
Smith & Wesson Brands, Inc. Announces Rescheduling of Fourth Quarter and Full Fiscal 2025 Financial Release and Conference Call
Maryville, Tennessee--(Newsfile Corp. - June 6, 2025) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced that the conference call to discuss its fourth quarter and full fiscal 2025 financial and operational results, which was originally scheduled for June 19, 2025, has been rescheduled for Wednesday, June 18, 2025. The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Interested parties in North America are invited to participate by dialing 1-877-704-4453. Interested parties from outside North America are invited to participate by dialing 1-201-389-0920. Participants should dial in at least 10 minutes prior to the start of the call. A live and archived webcast of the event will be available on the company's website at under the Investor Relations section. About Smith & Wesson Brands, Inc. Smith & Wesson Brands, Inc. (NASDAQ: SWBI) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality handgun, long gun, and suppressor products to the global consumer and professional markets under the iconic Smith & Wesson® and Gemtech® brands. The company also provides forging and machining services to third parties. For more information call (844) 363-5386 or visit Contact: investorrelations@ 747-3448 To view the source version of this press release, please visit Sign in to access your portfolio
