David Rowe Announces Filing of Early Warning Report Related to the Disposition of Common Shares of Sixty Six Capital Inc.
Rhea-AI Summary
David Rowe (HYHDF) filed an early warning report announcing that on March 18, 2026 he disposed of 103,909,553 common shares of Sixty Six Capital at approximately CAD$0.044 per share under a Share Purchase Agreement dated February 15, 2026 (amended February 27, 2026).
Prior to the disposition he beneficially owned ~43.98% of issued common shares; upon completion he no longer beneficially owns or controls any securities. The filing was made under National Instrument 62-103 and the report is available on SEDAR+.
Positive
- Disposition size: 103,909,553 common shares sold
- Insider stake fully divested from ~43.98% to 0%
- Transaction price disclosed at approximately CAD$0.044 per share
Negative
- Loss of insider holding: no remaining beneficial ownership by David Rowe
- Potential share-price pressure from a large block transaction (103,909,553 shares)
News Market Reaction – HYHDF
In the Mar 19 session, HYHDF gained 9.03%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
London, United Kingdom--(Newsfile Corp. - March 18, 2026) - David Rowe announces that he has filed an early warning report (the "Report") announcing that, on March 18, 2026, Mr. Rowe disposed (the "Disposition") of an aggregate of 103,909,553 common shares (each, a "Common Share") in the capital of Sixty Six Capital Inc. (the "Issuer") at a price of approximately CAD
Prior to the Disposition, Mr. Rowe beneficially owned and controlled an aggregate of 103,909,553 Common Shares in the capital of the Issuer, representing approximately
The Disposition was carried out pursuant to the terms of the Share Purchase Agreement. Mr. Rowe may acquire or dispose of additional securities of the Issuer including on the open market or through private transactions in the future, depending on market conditions, general economic and industry conditions, the Issuer's business and financial condition and/or other relevant factors.
This press release is being issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bids and Insider Reporting Issues in connection with the filing of the Report by Mr. Rowe.
For further details relating to the Disposition, please see the Report, a copy of which is available on the Issuer's profile on SEDAR+ at www.sedarplus.ca.
For more information, please contact:
David Rowe
Tel: +44 207 1268354
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289159