What change did Antanas Guoga report in his Highcliff Metals (IMAHF) share ownership?

Antanas Guoga reported a reduction in his Highcliff Metals holdings to 3,400,000 shares, or about 19.91%. According to Antanas Guoga, this followed an acquisition of 1,800,000 shares and a later sale of 1,600,000 shares in 2026.

Why did Antanas Guoga file an amended early warning report related to Highcliff Metals (IMAHF)?

He filed the amended and restated early warning report to disclose his acquisition and subsequent sale of Highcliff Metals shares. According to Antanas Guoga, these transactions changed his ownership percentage, requiring updated public disclosure under early warning rules.

Antanas Guoga Announces Filing of an Amended and Restated Early Warning Report Related to Highcliff Metals Corp.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Highcliff Metals (OTC: IMAHF) shareholder Antanas Guoga filed an amended and restated early warning report after recent share transactions. On July 20, 2026, he acquired 1,800,000 common shares in a private placement, and on August 4, 2026, he sold 1,600,000 shares through the TSX Venture Exchange.

According to Antanas Guoga, his holdings moved from 3,200,000 shares (about 36.22%) before the acquisition to 5,000,000 shares (about 29.29%) after it, and then to 3,400,000 shares (about 19.91%) following the disposition, all held for investment purposes.

Positive

3,400,000 shares still held, representing about 19.91% ownership
Major holder participated in 1,800,000-share private placement on July 20, 2026

Negative

Stake reduced by 1,600,000 shares in open market sale on August 4, 2026
Ownership interest declined from about 29.29% to about 19.91% after disposition

AI-generated analysis. How Rhea-AI works. Not financial advice.

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08/14/2026 - 01:39 PM

Toronto, Ontario--(Newsfile Corp. - August 14, 2026) - Antanas Guoga announces that he has filed an early warning report (the "Report") announcing that on July 20, 2026, Mr. Guoga acquired (the "Acquisition") an aggregate of 1,800,000 common shares (each, a "Common Share") in the capital of Highcliff Metals Corp.'s (the "Company") private placement. On August 4, 2026, Mr. Guoga sold an aggregate of 1,600,000 Common Shares through the facilities of the TSX Venture Exchange (the "Disposition").

Prior to the completion of the Acquisition, Mr. Guoga beneficially owned and controlled an aggregate of 3,200,000 Common Shares, representing approximately 36.22% of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the Acquisition, Mr. Guoga beneficially owned and controlled an aggregate of 5,000,000 Common Shares, representing approximately 29.29% of the issuance and outstanding on an undiluted and partially diluted basis.

Prior to the completion of the Disposition, Mr. Guoga beneficially owned and controlled an aggregate of 5,000,000 Common Shares, representing approximately 29.29% of the issuance and outstanding on an undiluted and partially diluted basis. On completion of the Disposition, Mr. Guoga beneficially owned and controlled an aggregate of 3,400,000 Common Shares, representing approximately 19.91% of the issuance and outstanding on an undiluted and partially diluted basis.

All securities of the Company held by Mr. Guoga are held for investment purposes. In the future, Mr. Guoga may, from time to time, increase or decrease his ownership, control or direction over securities of the Company held by him through market transactions, private agreements or otherwise, depending on market conditions, the business and prospects of the Company and other relevant factors.

For further details relating to the acquisition, please see the Report, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca, or may be requested by mail at: Antanas Guoga c/o Irwin Lowy LLP, 217 Queen Street West, Suite 401, Toronto, ON M5V 0R2, or by email at tonyguoga@icloud.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309711

FAQ

How many Highcliff Metals (IMAHF) shares did Antanas Guoga buy and sell in 2026?

Antanas Guoga acquired 1,800,000 Highcliff Metals common shares on July 20, 2026, then sold 1,600,000 shares on August 4, 2026. According to Antanas Guoga, both transactions triggered the amended and restated early warning report requirement.

What percentage of Highcliff Metals (IMAHF) does Antanas Guoga own after the August 4, 2026 sale?

After the August 4, 2026 disposition, Antanas Guoga beneficially owns about 19.91% of Highcliff Metals. According to Antanas Guoga, this represents 3,400,000 common shares on an undiluted and partially diluted basis following his earlier acquisition and subsequent sale.

What were Antanas Guoga’s Highcliff Metals (IMAHF) holdings before and after the July 20, 2026 private placement?

Before the acquisition, Antanas Guoga held 3,200,000 shares, about 36.22% of Highcliff Metals. According to Antanas Guoga, after buying 1,800,000 private placement shares, he held 5,000,000 shares, representing roughly 29.29% on an undiluted and partially diluted basis.

Are Antanas Guoga’s Highcliff Metals (IMAHF) shares held for investment or control purposes?

Antanas Guoga states that all Highcliff Metals securities he holds are for investment purposes. According to Antanas Guoga, he may increase or decrease his position over time depending on market conditions, the company’s business prospects, and other relevant factors.