Eric Sprott reported a change in his holdings of Golden Spike Resources (GSPRF) after 1,000,000 warrants held through 2176423 Ontario expired unexercised on June 21, 2026. His position moved from 7,304,348 shares and 1,902,174 warrants to 7,304,348 shares and 902,174 warrants.
This equals about 12.4% of outstanding shares on a non-diluted basis and 13.7% on a partially diluted basis, down from approximately 15.2%. The >2% partially diluted change triggered an updated early warning report. The securities are held for investment purposes.
Toronto, Ontario--(Newsfile Corp. - June 22, 2026) - Eric Sprott announces that, on June 21, 2026, 1,000,000 common share purchase warrants (Warrants) of Golden Spike Resources Corp. held by 2176423 Ontario Ltd., a corporation beneficially owned by him, expired unexercised representing a decrease in holdings of approximately 2.7% 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 7,304,348 Shares and 1,902,174 Warrants representing approximately 12.4% of the outstanding Shares on a non-diluted basis and approximately 15.2% 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 7,304,348 Shares and 902,174 Warrants representing approximately 12.4% of the outstanding Shares on a non-diluted basis and approximately 13.7% 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.
Golden Spike Resources address is 830-1100 Melville St., Vancouver, British Columbia, V6E 4A6. A copy of the early warning report with respect to the foregoing will appear on Golden Spike Resources profile on SEDAR+ at www.sedarplus.ca 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).
What change did Eric Sprott report in his Golden Spike Resources (GSPRF) holdings on June 22, 2026?
Eric Sprott reported a reduced partially diluted position in Golden Spike Resources after warrant expiry. According to Eric Sprott, 1,000,000 warrants expired unexercised, lowering his partially diluted ownership from about 15.2% to approximately 13.7% while his share count remained unchanged.
How many Golden Spike Resources (GSPRF) shares and warrants does Eric Sprott now hold?
Eric Sprott now beneficially owns 7,304,348 shares and 902,174 warrants of Golden Spike Resources. According to Eric Sprott, this equals roughly 12.4% of outstanding shares on a non-diluted basis and about 13.7% on a partially diluted basis, assuming warrant exercise.
Why did Eric Sprott file an updated early warning report for Golden Spike Resources (GSPRF)?
An updated early warning report was filed because Sprott’s partially diluted ownership changed by more than 2%. According to Eric Sprott, the unexercised expiry of 1,000,000 warrants reduced his partially diluted stake from about 15.2% to approximately 13.7%.
Did Eric Sprott buy or sell Golden Spike Resources (GSPRF) shares in June 2026?
Eric Sprott did not report share purchases or sales; the change came from warrant expiry. According to Eric Sprott, 1,000,000 warrants expired unexercised, reducing only his partially diluted ownership, while his common share holdings stayed at 7,304,348.
What is Eric Sprott’s investment intention for his Golden Spike Resources (GSPRF) position?
Eric Sprott holds his Golden Spike Resources securities for investment purposes with a long-term view. According to Eric Sprott, he may buy more or sell securities in the future, either on the open market or through private transactions, depending on market conditions.
Where can investors find Eric Sprott’s updated early warning report for Golden Spike Resources (GSPRF)?
Investors can access the updated early warning report on Golden Spike Resources’ profile on SEDAR+. According to Eric Sprott, a copy may also be requested by calling his office, with contact details provided in the public announcement about the holdings change.
