Rostislav Raykov Announces Filing of Early Warning Report Related to Lavras Gold Corp.

Rhea-AI Summary

Lavras Gold (OTC: LGCFF) director Rostislav Raykov filed an early warning report after acquiring 200,000 common shares of the company through the TSX Venture Exchange. This raised his holdings from 7,548,030 to 7,748,030 common shares, plus 355,000 stock options and 125,000 restricted share units.

Following the acquisition, Raykov owns approximately 12.45% of Lavras Gold’s issued and outstanding common shares on an undiluted basis and 13.12% on a partially diluted basis, up from 12.13% and 12.80%, respectively. The securities are held for investment purposes, and his holdings may change depending on market and company conditions.

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Toronto, Ontario--(Newsfile Corp. - August 5, 2026) - Rostislav Raykov, a director of Lavras Gold Corp. (the "Company"), announces that he has filed an early warning report (the "Report") regarding the acquisition ("Acquisition") of 200,000 common shares (the "Common Shares") in the capital of the Company through the facilities of the TSX Venture Exchange (the "TSXV").

Prior to the completion of the Acquisition, Mr. Raykov held an aggregate of 7,548,030 Common Shares, 355,000 stock options and 125,000 restricted share units, representing approximately 12.13% of the issued and outstanding Common Shares on an undiluted basis and 12.80% of the issued and outstanding Common Shares on a partially diluted basis. Upon completion of the Acquisition, Mr. Raykov held an aggregate of 7,748,030 Common Shares, 355,000 stock options and 125,000 restricted share units, representing approximately 12.45% of the then issued and outstanding Common Shares on an undiluted basis and 13.12% of the then issued and outstanding Common Shares on a partially diluted basis.

All securities of the Company held by Mr. Raykov are held for investment purposes. In the future, Mr. Raykov 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: Rostislav Raykov c/o Lavras Gold Corp., 82 Richmond Street East, Suite 201, Toronto, ON M5C 1P1, or by email at rraykov@gmail.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308311

FAQ

What did Rostislav Raykov disclose in his August 5, 2026 early warning on Lavras Gold (LGCFF)?

Rostislav Raykov disclosed an early warning after acquiring 200,000 Lavras Gold common shares on the TSX Venture Exchange. According to Lavras Gold, this purchase increased his total common share holdings to 7,748,030, alongside existing stock options and restricted share units.

How many Lavras Gold (LGCFF) shares does Rostislav Raykov own after the latest acquisition?

After the acquisition, Rostislav Raykov owns 7,748,030 Lavras Gold common shares. According to Lavras Gold, he also holds 355,000 stock options and 125,000 restricted share units, giving him significant equity exposure to the company on both an undiluted and partially diluted basis.

What percentage of Lavras Gold (LGCFF) does Rostislav Raykov own on an undiluted and diluted basis?

Post-transaction, Rostislav Raykov owns about 12.45% of Lavras Gold on an undiluted basis. According to Lavras Gold, his ownership represents approximately 13.12% on a partially diluted basis, reflecting his combined position in common shares, stock options, and restricted share units.

Why did Rostislav Raykov file an early warning report for Lavras Gold (LGCFF) shares?

He filed an early warning report because his share acquisition required disclosure under Canadian securities rules. According to Lavras Gold, Raykov holds the securities for investment purposes but may increase or decrease his position over time depending on market and company conditions.

How did Rostislav Raykov’s ownership in Lavras Gold (LGCFF) change with the 200,000-share purchase?

His ownership rose from 7,548,030 to 7,748,030 common shares, a 200,000-share increase. According to Lavras Gold, his undiluted stake moved from approximately 12.13% to 12.45%, and his partially diluted interest increased from 12.80% to 13.12%.

Where can investors access Rostislav Raykov’s early warning report on Lavras Gold (LGCFF)?

Investors can access the early warning report on SEDAR+ under Lavras Gold’s profile. According to Lavras Gold, a copy may also be requested by mail at the company’s Toronto address or by email using the contact provided in the disclosure.