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)

Argus Mar 19 session

+9.03% close to close Open Argus

Details

News Market Reaction – HYHDF

On Mar 19, the first trading day after this news, HYHDF closed 9.03% above the previous close.

Data tracked by StockTitan Argus for the Mar 19 session.

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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$0.044 per Common Share. The Disposition was carried out pursuant to a share purchase agreement dated February 15, 2026, as amended on February 27, 2026, between K33 AB (publ), David Rowe, Alex Johnstone and Richard Croft (the "Share Purchase Agreement").

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 43.98% of the issued and outstanding Common Shares of the Issuer on an undiluted basis. Upon completion of the Disposition, Mr. Rowe did not beneficially own or control any securities of the Issuer.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Sixty Six Capital (HYHDF) shares did David Rowe sell on March 18, 2026?

He disposed of 103,909,553 common shares on March 18, 2026. According to David Rowe, the sale reduced his beneficial ownership from about 43.98% to zero, and the transaction was executed under the Share Purchase Agreement.

At what price were the HYHDF shares sold by David Rowe on March 18, 2026?

The shares were sold for approximately CAD$0.044 per share. According to David Rowe, the disposition occurred pursuant to a Share Purchase Agreement dated February 15, 2026, as amended February 27, 2026.

Does David Rowe still own any Sixty Six Capital (HYHDF) securities after the March 18, 2026 disposition?

No; upon completion of the March 18, 2026 disposition he did not beneficially own or control any securities. According to David Rowe, his pre-sale stake was about 43.98% on an undiluted basis.

Under what agreement was the HYHDF share disposition by David Rowe completed?

The disposition was completed under a Share Purchase Agreement dated February 15, 2026, amended February 27, 2026. According to David Rowe, the transaction involved K33 AB, Alex Johnstone and Richard Croft as counterparties.

Where can investors find the early warning report for David Rowe's HYHDF sale?

The early warning report is available on SEDAR+. According to David Rowe, the filing was made under National Instrument 62-103 and the report can be accessed on the issuer's SEDAR+ profile.