Latest news with #KirklandLakeDiscoveriesCorp
Yahoo
02-06-2025
- Business
- Yahoo
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 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
Yahoo
28-04-2025
- Business
- Yahoo
Positive Signs As Multiple Insiders Buy Kirkland Lake Discoveries Stock
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Kirkland Lake Discoveries Corp. (CVE:KLDC), it sends a favourable message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Over the last year, we can see that the biggest insider purchase was by insider Eric Sprott for CA$200k worth of shares, at about CA$0.05 per share. That means that an insider was happy to buy shares at above the current price of CA$0.025. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Kirkland Lake Discoveries insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Kirkland Lake Discoveries Kirkland Lake Discoveries is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 5.5% of Kirkland Lake Discoveries shares, worth about CA$152k, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing! The fact that there have been no Kirkland Lake Discoveries insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Kirkland Lake Discoveries stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kirkland Lake Discoveries. Be aware that Kirkland Lake Discoveries is showing 6 warning signs in our investment analysis, and 5 of those shouldn't be ignored... If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
