Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Cascadia Minerals Ltd.

Rhea-AI Summary

Cascadia Minerals (OTC:CAMNF) reported that Michael Gentile filed an early warning report after acquiring 6,666,666 charity flow-through units (CFT Units) through a non‑brokered private placement on December 23, 2025.

Each CFT Unit comprised one common share and one‑half warrant; the warrants exercisable at $0.20 per share until December 22, 2028. Following the Acquisition Mr. Gentile beneficially owns 14,742,166 common shares, 9,385,727 warrants, and 200,000 options, equal to ~8.36% undiluted and ~13.10% partially diluted ownership. The shares were acquired for investment purposes and he may buy or sell future securities depending on market conditions.

Positive

• Acquisition size: 6,666,666 CFT Units
• Post‑deal stake: 14,742,166 common shares (8.36% undiluted)
• Partially diluted stake: ~13.10% including warrants and options
• Warrant runway: Warrants exercisable at $0.20 until Dec 22, 2028

Negative

• Outstanding warrants: 9,385,727 could dilute share base if exercised
• Potential future selling: Holder may sell shares depending on market conditions

News Market Reaction

-0.36%

1 alert

-0.36% News Effect

On the day this news was published, CAMNF declined 0.36%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - December 23, 2025) - Michael Gentile announces that he has filed an early warning report (the "Report") announcing the acquisition (the "Acquisition") of an aggregate of 6,666,666 charity flow-through units (the "CFT Units") in the capital of Cascadia Minerals Ltd. (the "Company") in connection with the Company's non-brokered private placement. Each Unit was comprised one common share (each, a "Common Share") in the capital of the Company, issued on a "flow-through basis" and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Common Share until December 22, 2028 at an exercise price of $0.20 per Common Share.

Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, 8,075,500 Common Shares, 6,052,394 Warrants and 200,000 stock options, representing approximately 5.16% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 8.81% of the Company's issued and outstanding Common Shares on a partially diluted basis. Following the completion of the Acquisition, Mr. Gentile beneficially owns and controls, directly or indirectly, an aggregate of 14,742,166 Common Shares, 9,385,727 Warrants and 200,000 stock options, representing approximately 8.36% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 13.10% of the Company's issued and outstanding on a partially diluted basis.

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/278986

FAQ

What did Michael Gentile disclose in the early warning report for CAMNF on December 23, 2025?

He disclosed acquiring 6,666,666 CFT Units, bringing his holdings to 14,742,166 shares and 9,385,727 warrants.

How much of Cascadia Minerals (CAMNF) does Michael Gentile own after the acquisition?

Post‑acquisition he owns ~8.36% of common shares on an undiluted basis and ~13.10% partially diluted.

What are the terms of the warrants included in the CAMNF units Michael Gentile bought?

Each unit included one‑half warrant; whole warrants exercisable at $0.20 per share until Dec 22, 2028.

Were the CAMNF shares bought for investment or strategic control?

The release states the Common Shares were acquired for investment purposes and the holder has a long‑term view.

Could Michael Gentile sell his CAMNF shares or buy more after this filing?

Yes. He indicated he may acquire additional securities or sell Common Shares in the future depending on market conditions.

Where can investors view the full early warning report for CAMNF?

The report is available on SEDAR+ or by contacting Michael Gentile directly as noted in the filing.