Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Cascadia Minerals Ltd.
Michael Gentile has filed an early warning report regarding his acquisition of 1,071,429 units of Cascadia Minerals Ltd. (CAMNF) through the conversion of subscription receipts. Following the transaction, Gentile's ownership position has changed from 8.94% to 5.40% of outstanding shares on an undiluted basis, and from 14.54% to 9.31% on a partially diluted basis.
The acquisition includes ownership of 7,577,643 Common Shares and 6,051,894 Warrants. As a result of this change in ownership percentage, Gentile has ceased to be an insider of Cascadia Minerals as of August 13, 2025. He maintains a long-term investment perspective and may adjust his position through future market transactions.
Michael Gentile ha presentato una comunicazione di "early warning" riguardante l'acquisizione di 1,071,429 unità di Cascadia Minerals Ltd. (CAMNF) tramite la conversione di subscription receipts. A seguito dell'operazione, la sua partecipazione è passata dal 8.94% al 5.40% delle azioni in circolazione su base non diluita e dal 14.54% al 9.31% su base parzialmente diluita.
L'acquisizione comprende la detenzione di 7,577,643 azioni ordinarie e 6,051,894 warrant. Di conseguenza, Gentile ha cessato di essere un insider di Cascadia Minerals a partire dal 13 agosto 2025. Mantiene una prospettiva d'investimento a lungo termine e potrebbe adeguare la propria posizione attraverso future operazioni di mercato.
Michael Gentile presentó un informe de advertencia temprana sobre la adquisición de 1,071,429 unidades de Cascadia Minerals Ltd. (CAMNF) mediante la conversión de subscription receipts. Tras la operación, su participación pasó del 8.94% al 5.40% del capital en circulación en base no diluida y del 14.54% al 9.31% en base parcialmente diluida.
La adquisición incluye la titularidad de 7,577,643 acciones ordinarias y 6,051,894 warrants. Como resultado de este cambio en el porcentaje de participación, Gentile dejó de ser un insider de Cascadia Minerals a partir del 13 de agosto de 2025. Mantiene una visión de inversión a largo plazo y podría ajustar su posición mediante futuras transacciones en el mercado.
Michael Gentile는 구독권(subscription receipts) 전환을 통해 Cascadia Minerals Ltd.(CAMNF)의 1,071,429 단위를 취득한 것과 관련해 조기 경고(early warning) 보고서를 제출했습니다. 이번 거래로 Gentile의 보유 지분은 무희석 기준으로 8.94%에서 5.40%로, 부분 희석 기준으로는 14.54%에서 9.31%로 변경되었습니다.
이번 취득에는 7,577,643 보통주와 6,051,894 워런트의 보유가 포함됩니다. 이 지분 비율 변경으로 Gentile는 2025년 8월 13일부로 Cascadia Minerals의 내부자가 아니게 되었습니다. 그는 장기적 투자 관점을 유지하며 향후 시장 거래를 통해 보유 비중을 조정할 수 있습니다.
Michael Gentile a déposé un rapport d'alerte précoce concernant l'acquisition de 1,071,429 unités de Cascadia Minerals Ltd. (CAMNF) via la conversion de subscription receipts. À la suite de cette opération, sa participation est passée de 8.94% à 5.40% du capital en circulation sur une base non diluée, et de 14.54% à 9.31% sur une base partiellement diluée.
L'acquisition comprend la détention de 7,577,643 actions ordinaires et 6,051,894 bons de souscription. En conséquence de ce changement de pourcentage, Gentile a cessé d'être un initié de Cascadia Minerals à compter du 13 août 2025. Il conserve une perspective d'investissement à long terme et pourrait ajuster sa position par le biais de futures opérations sur le marché.
Michael Gentile hat eine Early‑Warning‑Meldung zu seinem Erwerb von 1,071,429 Einheiten der Cascadia Minerals Ltd. (CAMNF) durch die Umwandlung von Subscription Receipts eingereicht. Durch die Transaktion hat sich Gentiles Beteiligung auf unverwässerter Basis von 8.94% auf 5.40% und auf teilweise verwässerter Basis von 14.54% auf 9.31% verändert.
Der Erwerb umfasst den Besitz von 7,577,643 Stammaktien und 6,051,894 Warrants. Infolge dieser Änderung der Beteiligungsquote ist Gentile zum 13. August 2025 kein Insider von Cascadia Minerals mehr. Er verfolgt eine langfristige Anlageperspektive und könnte seine Position durch künftige Markttransaktionen anpassen.
- Investor maintains long-term view and potential for additional investments
- Strategic investor participation in Cascadia Minerals' growth through unit acquisition
- Reduction in ownership percentage from 8.94% to 5.40% on undiluted basis
- Loss of insider status could signal reduced strategic influence
Toronto, Ontario--(Newsfile Corp. - August 13, 2025) - Michael Gentile announces that he has filed an early warning report (the "Report") announcing the acquisition (the "Acquisition") of an aggregate of 1,071,429 units (the "Units") in the capital of Cascadia Minerals Ltd. (the "Company"), upon conversion of an aggregate of 1,071,429 subscription receipts (the "Subscription Receipts"). Each Subscription Receipt automatically converted into one Unit upon satisfaction of certain escrow release conditions, including of all conditions to the completion of the Company's proposed acquisition of Granite Creek Copper Ltd.
Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, 6,506,214 Common Shares and 4,760,014 Warrants, representing approximately
The Common Shares were acquired for investment purposes. Mr. Gentile has a long-term view of the investment and may acquire additional securities of the Company either on the open market or through private acquisitions or sell the Common Shares on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
For further details relating to the Acquisition, please see the Report, a copy of which is available on SEDAR+, or by contacting Michael Gentile at (514) 591-4227.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262422
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