Antanas Guoga Announces Filing of Early Warning Report Related to Highcliff Metals Corp.
Rhea-AI Summary
Highcliff Metals (OTC:IMAHF) disclosed that shareholder Antanas Guoga has filed an early warning report after disposing of 1,600,000 common shares of Highcliff Metals on August 4, 2026 through the TSX Venture Exchange. This reduced his holdings from 3,200,000 shares (about 18.75% of issued and outstanding shares on an undiluted and partially diluted basis) to 1,600,000 shares (about 9.37%). As a result, Mr. Guoga is no longer an insider of the company. All remaining securities are held for investment purposes, and he may increase or decrease his position in the future depending on market conditions, the company’s business prospects and other factors.
Positive
- None.
Negative
- Major shareholder reduces stake from 18.75% to 9.37%
- Shareholder selling 1,600,000 shares may affect market perception
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Toronto, Ontario--(Newsfile Corp. - August 5, 2026) - Antanas Guoga announces that he has filed an early warning report (the "Report") announcing that on August 4, 2026, Mr. Guoga disposed (the "Disposition") of an aggregate of 1,600,000 common shares (the "Common Shares") in the capital of Highcliff Metals Corp. (the "Company") through the facilities of the TSX Venture Exchange.
Prior to the completion of the Disposition, Mr. Guoga beneficially owned and controlled an aggregate of 3,200,000 Common Shares, representing approximately
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/308112