Orosur Mining Inc Announces TR-1: Notification of Major Holdings
1832 Asset Management L.P. has increased its holdings in Orosur Mining (OROXF) to 12.087124% of voting rights, up from the previous 7.41%. The notification reveals that the asset manager now holds 37,765,000 voting rights, compared to the previous 17,450,401.
The holdings are managed through two mutual funds: Dynamic Precious Metals Fund holding 8.886413% and Dynamic Strategic Gold Class holding 3.200712%. The threshold crossing occurred on March 27, 2025, and was reported to the issuer on March 31, 2025.
1832 Asset Management L.P. ha aumentato le sue partecipazioni in Orosur Mining (OROXF) al 12,087124% dei diritti di voto, rispetto al precedente 7,41%. La notifica rivela che il gestore patrimoniale detiene ora 37.765.000 diritti di voto, rispetto ai precedenti 17.450.401.
Le partecipazioni sono gestite attraverso due fondi comuni: Dynamic Precious Metals Fund che detiene l'8,886413% e Dynamic Strategic Gold Class che detiene il 3,200712%. Il superamento della soglia è avvenuto il 27 marzo 2025 ed è stato riportato all'emittente il 31 marzo 2025.
1832 Asset Management L.P. ha incrementado sus participaciones en Orosur Mining (OROXF) al 12,087124% de los derechos de voto, en comparación con el anterior 7,41%. La notificación revela que el gestor de activos ahora posee 37.765.000 derechos de voto, en comparación con los anteriores 17.450.401.
Las participaciones se gestionan a través de dos fondos mutuos: Dynamic Precious Metals Fund que posee el 8,886413% y Dynamic Strategic Gold Class que posee el 3,200712%. El cruce del umbral ocurrió el 27 de marzo de 2025 y se informó al emisor el 31 de marzo de 2025.
1832 Asset Management L.P.는 Orosur Mining (OROXF)에서 의결권의 12.087124%로 보유 비율을 증가시켰으며, 이는 이전의 7.41%에서 상승한 수치입니다. 이 통지는 자산 관리자가 현재 37,765,000개의 의결권을 보유하고 있음을 밝혔으며, 이는 이전의 17,450,401개와 비교됩니다.
보유 자산은 두 개의 뮤추얼 펀드를 통해 관리됩니다: Dynamic Precious Metals Fund가 8.886413%를 보유하고 있으며, Dynamic Strategic Gold Class가 3.200712%를 보유하고 있습니다. 기준 초과는 2025년 3월 27일에 발생하였으며, 2025년 3월 31일에 발행자에게 보고되었습니다.
1832 Asset Management L.P. a augmenté sa participation dans Orosur Mining (OROXF) à 12,087124% des droits de vote, contre 7,41% précédemment. La notification révèle que le gestionnaire d'actifs détient désormais 37.765.000 droits de vote, par rapport aux 17.450.401 précédents.
Les participations sont gérées à travers deux fonds communs : Dynamic Precious Metals Fund détenant 8,886413% et Dynamic Strategic Gold Class détenant 3,200712%. Le franchissement du seuil a eu lieu le 27 mars 2025 et a été signalé à l'émetteur le 31 mars 2025.
1832 Asset Management L.P. hat seinen Anteil an Orosur Mining (OROXF) auf 12,087124% der Stimmrechte erhöht, im Vergleich zu zuvor 7,41%. Die Mitteilung zeigt, dass der Vermögensverwalter nun 37.765.000 Stimmrechte hält, verglichen mit den vorherigen 17.450.401.
Die Bestände werden über zwei Investmentfonds verwaltet: Dynamic Precious Metals Fund mit 8,886413% und Dynamic Strategic Gold Class mit 3,200712%. Das Überschreiten der Schwelle fand am 27. März 2025 statt und wurde am 31. März 2025 dem Emittenten gemeldet.
- Major institutional investor significantly increased position by 116.4%
- Strong vote of confidence from asset management firm with total holding of 37.7M shares
- None.
LONDON, UNITED KINGDOM / ACCESS Newswire / April 1, 2025 / TR-1: TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | OROSUR MINING INC | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | X | |||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | X | |||||
An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify) iii: |
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3. Details of person subject to the notification obligationiv | ||||||
Name | 1832 Asset Management L.P. | |||||
City and country of registered office (if applicable) | Toronto, Canada | |||||
4. Full name of shareholder(s) (if different from 3.) v | ||||||
Name |
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City and country of registered office (if applicable) |
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5. Date on which the threshold was crossed or reachedvi: | 27/03/2025 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 31/03/2025 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | ||
Resulting situation on the date on which threshold was crossed or reached |
| 37,765,000 | ||||
Position of previous notification (if applicable) |
| 17,450,401 | ||||
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||||||
A: Voting rights attached to shares | |||||||||||||
Class/type of ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||||||
Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||||||
Equity: CA6871961059 |
| 37,765,000 |
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SUBTOTAL 8. A | 37,765,000 | ||||||||||||
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B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||||||
Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||
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| SUBTOTAL 8. B 1 |
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B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||||||
Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlementxii | Number of voting rights | % of voting rights | ||||||||
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| SUBTOTAL 8.B.2 |
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||||||||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii |
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Full chain of controlled undertakings through which the voting rights and/or the | X | ||||||||||||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||
1832 Asset Management L.P. (1832AMLP) (ultimate controlling person) | |||||||||||||
Dynamic Precious Metals Fund (mutual fund managed by 1832AMLP) (see additional information below) | |||||||||||||
Dynamic Strategic Gold Class (mutual fund managed by 1832AMLP) (see additional information below) | |||||||||||||
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10.In case of proxy voting, please identify: | |||||||||||||
Name of the proxy holder | 1832 Asset Management L.P. | ||||||||||||
The number and % of voting rights held | 12, | ||||||||||||
The date until which the voting rights will be held |
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11. Additional informationxvi | |||||||||||||
1832 Asset Management L.P. (1832AMLP) - 1832AMLP was formed as a limited partnership under the laws of Ontario, Canada, and its general partner is 1832 Asset Management G.P. Inc., each of which are a wholly-owned subsidiary of The Bank of Nova Scotia. Dynamic Precious Metals Fund - is a mutual fund registered in the province of Ontario. 1832AMLP is the portfolio manager of the Dynamic Precious Metals Fund and therefore has the investment discretion and to power to vote proxies on behalf of this mutual fund. Dynamic Strategic Gold Class - is a mutual fund registered in the province of Ontario. 1832AMLP is the portfolio manager of the Dynamic Strategic Gold Class and therefore has the investment discretion and to power to vote proxies on behalf of this mutual fund. | |||||||||||||
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Place of completion | Toronto |
Date of completion | 31/03/2025 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Orosur Mining Inc
View the original press release on ACCESS Newswire
FAQ
What is the new ownership percentage of 1832 Asset Management in OROXF as of March 2025?
How much did 1832 Asset Management increase their position in OROXF?
How are 1832 Asset Management's OROXF holdings distributed between their funds?
When did 1832 Asset Management cross the reporting threshold for OROXF?
