Beedie Investments Ltd. Announces Filing of Updated Early Warning Report in Relation to Artemis Gold Ltd.
Rhea-AI Summary
Beedie Investments Ltd. filed an updated early warning report after completing an internal reorganization of its holdings in Artemis Gold (ARGTF). Beedie Capital transferred 67,273,849 common shares to parent company Beedie Holdings at original acquisition cost and will be wound up into Beedie Holdings in Q3 2026.
According to Beedie Investments, Mr. Ryan Beedie controls both entities and is a director of Artemis Gold, so they may be deemed joint actors. Before and after the reorganization, the joint group held 67,648,649 common shares (about 29.0% non-diluted), plus options and DSUs for up to 67,900,249 shares (about 29.1% partially diluted), meaning no change in overall ownership percentage.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2026) - Beedie Investments Ltd. ("Beedie Capital") announces that it has completed an internal reorganization (the "Reorganization") of the holdings of Beedie Capital, pursuant to which Beedie Capital assigned and transferred 67,273,849 common shares ("Common Shares") in the capital of Artemis Gold Inc. (the "Company") to Beedie Holdings Ltd. ("Beedie Holdings"). The aforementioned Common Shares were valued at their original acquisition cost when transferred by Beedie Capital to Beedie Holdings as part of the internal Reorganization. In connection with the internal Reorganization, Beedie Investments Ltd. will wind-up into Beedie Holdings, being its parent company, in the third quarter of 2026.
Each of Beedie Capital and Beedie Holdings is controlled by Mr. Ryan Beedie, and Mr. Beedie is a director of the Company. Accordingly, Mr. Beedie, Beedie Capital and Beedie Holdings may be deemed to be a joint actors.
Immediately prior to the completion of the internal Reorganization, Beedie Capital, together with its joint actors, owned and controlled (i) 67,648,649 Common Shares, representing approximately
Immediately following the completion of the internal Reorganization, Beedie Capital, together with its joint actors, would continue to own and control (i) 67,648,649 Common Shares, representing approximately
Other than as disclosed herein, all of the securities in the Company held by Beedie Capital and its joint actors are being held for investment purposes. Beedie Capital and its joint actors may in the future take such actions in respect of its Company securityholdings as it deems appropriate in light of the market circumstances then existing, including the potential purchase of additional shares of the Company through open market purchases or privately negotiated transactions, a corporate transaction, such as a merger, reorganization or liquidation, involving the Company, or the sale of all or a portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers, or Beedie Capital or its joint actors may continue to hold its current positions.
A copy of the early warning report relating to the Common Shares and the aforementioned transactions will be available under the Company's profile on SEDAR+ at www.sedarplus.ca, and may also be obtained by contacting Beedie Investments Ltd. at 604-435-3321. Beedie Capital's head office is located at Suite 900 - 1111 West Georgia St., Vancouver, BC, V6E 4M3.
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 news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309122