Gullewa Limited Announces Filing of Early Warning Report Related to Acquisition of Ordinary Shares of Central Iron Ore Limited
Gullewa has announced the filing of an early warning report regarding its acquisition of 2,437,000 ordinary shares of Central Iron Ore (CIORF) through its wholly-owned subsidiary Brooklyn Bay The acquisition was completed through the exercise of share purchase warrants.
Prior to the acquisition, Gullewa and Joint Actors owned 18,862,000 shares and 9,431,000 warrants, representing approximately 54.02% ownership (undiluted) and 63.80% (partially diluted). Following the transaction, their holdings increased to 21,299,000 shares and 6,994,000 warrants, representing approximately 57.02% ownership (undiluted) while maintaining 63.80% on a partially diluted basis.
Gullewa ha annunciato la presentazione di un rapporto di segnalazione anticipata riguardante l'acquisizione di 2.437.000 azioni ordinarie di Central Iron Ore (CIORF) tramite la sua controllata al 100% Brooklyn Bay. L'acquisizione è stata completata mediante l'esercizio di warrant di acquisto azioni.
Prima dell'acquisizione, Gullewa e gli Attori Congiunti detenevano 18.862.000 azioni e 9.431.000 warrant, rappresentando circa il 54,02% della proprietà (non diluita) e il 63,80% (parzialmente diluita). Dopo la transazione, le loro partecipazioni sono aumentate a 21.299.000 azioni e 6.994.000 warrant, rappresentando circa il 57,02% della proprietà (non diluita) mantenendo il 63,80% su base parzialmente diluita.
Gullewa ha anunciado la presentación de un informe de advertencia temprana respecto a su adquisición de 2.437.000 acciones ordinarias de Central Iron Ore (CIORF) a través de su subsidiaria de propiedad total Brooklyn Bay. La adquisición se completó mediante el ejercicio de warrants para la compra de acciones.
Antes de la adquisición, Gullewa y los Actores Conjuntos poseían 18.862.000 acciones y 9.431.000 warrants, representando aproximadamente el 54,02% de propiedad (no diluida) y el 63,80% (parcialmente diluida). Tras la transacción, sus participaciones aumentaron a 21.299.000 acciones y 6.994.000 warrants, representando aproximadamente el 57,02% de propiedad (no diluida) manteniendo el 63,80% en base parcialmente diluida.
Gullewa는 자회사 Brooklyn Bay를 통해 Central Iron Ore (CIORF)의 2,437,000 보통주를 취득한 것과 관련하여 조기 경고 보고서를 제출했다고 발표했습니다. 이번 인수는 주식매수권 행사로 완료되었습니다.
인수 이전에 Gullewa와 공동 행위자는 각각 18,862,000주와 9,431,000 워런트를 보유하고 있었으며, 이는 약 54.02%의 지분(희석 전)과 63.80%(부분 희석 기준)를 의미합니다. 거래 후 보유 주식은 21,299,000주와 6,994,000 워런트로 증가하여 약 57.02%의 지분(희석 전)을 차지하며, 부분 희석 기준으로는 63.80%를 유지하고 있습니다.
Gullewa a annoncé le dépôt d’un rapport d’alerte précoce concernant son acquisition de 2 437 000 actions ordinaires de Central Iron Ore (CIORF) via sa filiale en propriété exclusive Brooklyn Bay. L’acquisition a été réalisée par l’exercice de bons de souscription d’actions.
Avant l’acquisition, Gullewa et les acteurs conjoints détenaient 18 862 000 actions et 9 431 000 bons, représentant environ 54,02 % de propriété (non diluée) et 63,80 % (partiellement diluée). Après la transaction, leurs participations sont passées à 21 299 000 actions et 6 994 000 bons, représentant environ 57,02 % de propriété (non diluée) tout en maintenant 63,80 % sur une base partiellement diluée.
Gullewa hat die Einreichung eines Frühwarnberichts bezüglich des Erwerbs von 2.437.000 Stammaktien der Central Iron Ore (CIORF) über seine hundertprozentige Tochtergesellschaft Brooklyn Bay bekanntgegeben. Der Erwerb erfolgte durch Ausübung von Aktienkaufoptionen.
Vor dem Erwerb hielten Gullewa und die gemeinsamen Akteure 18.862.000 Aktien und 9.431.000 Optionen, was etwa 54,02 % Eigentum (unverwässert) und 63,80 % (teilweise verwässert) entspricht. Nach der Transaktion erhöhten sich ihre Bestände auf 21.299.000 Aktien und 6.994.000 Optionen, was etwa 57,02 % Eigentum (unverwässert) entspricht, während der teilweise verwässerte Anteil bei 63,80 % bleibt.
- Increased ownership stake from 54.02% to 57.02% (undiluted basis) strengthening control position
- Successful exercise of 2,437,000 warrants demonstrating confidence in the company
- High ownership concentration may reduce stock liquidity for other shareholders
- Potential for future share sales as company states it may decrease holdings based on market conditions
Toronto, Ontario--(Newsfile Corp. - April 15, 2025) - Gullewa Limited announces that it has filed an early warning report (the "Report") in connection with the acquisition (the "Acquisition") of an aggregate of 2,437,000 ordinary shares (the "Shares") in the capital of Central Iron Ore Limited (the "Company"), through its wholly-owned subsidiary Brooklyn Bay Ltd ("Brooklyn Bay"), in connection with the exercise of 2,437,000 ordinary share purchase warrants (the "Warrants").
Prior to closing the Acquisition, Gullewa and the Joint Actors (as such term is defined in the Report), directly or indirectly, beneficially owned, or had control or direction over, an aggregate of 18,862,000 Shares and 9,431,000 Warrants, representing approximately
Depending on market and other conditions, or as future circumstances may dictate, Gullewa and the Joint Actors may from time to time increase or decrease its holdings of Shares or other securities of the Company
For further details relating to the Acquisition, please see the Report, a copy of which is available on SEDAR+, or by contacting David Deitz at ddeitz@gullewa.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248551
FAQ
How many shares did Gullewa acquire in Central Iron Ore (CIORF) in April 2025?
What is Gullewa 's current ownership percentage in CIORF after the April 2025 acquisition?
How many warrants does Gullewa still hold in CIORF following the April 2025 transaction?
Through which subsidiary did Gullewa acquire the CIORF shares?
