Canadian Gold Corp Announces Strategic Investor Robert McEwen Exercises 3,571,450 Warrants Increasing Ownership to 32.9%"
Canadian Gold Corp (TSXV: CGC) announced that Robert McEwen, the company's largest shareholder, has exercised 3,571,450 share purchase warrants at $0.215 per share, generating proceeds of $767,861.75. Following this transaction, McEwen's ownership in the company increased to 32.9%, while McEwen Mining Inc., where he serves as Chairman and CEO, holds an additional 5.7% stake.
A total of 4,608,884 share purchase warrants expiring in May 2025 have been exercised, bringing in total proceeds of $990,910.06. The company now has 205,797,884 shares outstanding and maintains a treasury of approximately $3.9 million, which includes a recent grant from the Manitoba Mineral Development Fund.
Canadian Gold Corp (TSXV: CGC) ha annunciato che Robert McEwen, il maggiore azionista della società, ha esercitato 3.571.450 warrant di acquisto azioni al prezzo di 0,215$ per azione, generando un ricavo di 767.861,75$. A seguito di questa operazione, la partecipazione di McEwen nella società è salita al 32,9%, mentre McEwen Mining Inc., di cui è Presidente e CEO, detiene un ulteriore 5,7%.
In totale sono stati esercitati 4.608.884 warrant con scadenza a maggio 2025, per un incasso complessivo di 990.910,06$. La società conta ora 205.797.884 azioni in circolazione e dispone di una cassa di circa 3,9 milioni di dollari, inclusa una recente sovvenzione dal Manitoba Mineral Development Fund.
Canadian Gold Corp (TSXV: CGC) anunció que Robert McEwen, el mayor accionista de la compañía, ejerció 3.571.450 warrants de compra de acciones a 0,215$ por acción, generando ingresos por 767.861,75$. Tras esta transacción, la participación de McEwen en la empresa aumentó al 32,9%, mientras que McEwen Mining Inc., donde es Presidente y CEO, posee un 5,7% adicional.
En total se ejercieron 4.608.884 warrants con vencimiento en mayo de 2025, aportando ingresos totales de 990.910,06$. La compañía cuenta ahora con 205.797.884 acciones en circulación y mantiene una tesorería de aproximadamente 3,9 millones de dólares, que incluye una subvención reciente del Manitoba Mineral Development Fund.
Canadian Gold Corp (TSXV: CGC)는 최대 주주인 Robert McEwen이 주당 0.215달러에 3,571,450개의 주식 매수권을 행사하여 767,861.75달러의 자금을 조달했다고 발표했습니다. 이번 거래로 McEwen의 회사 지분은 32.9%로 증가했으며, 그가 회장 겸 CEO로 있는 McEwen Mining Inc.는 추가로 5.7%의 지분을 보유하고 있습니다.
2025년 5월 만기인 총 4,608,884개의 주식 매수권이 행사되어 총 990,910.06달러의 자금이 유입되었습니다. 현재 회사의 발행 주식 수는 205,797,884주이며, 최근 Manitoba Mineral Development Fund의 보조금을 포함해 약 390만 달러의 자금을 보유하고 있습니다.
Canadian Gold Corp (TSXV : CGC) a annoncé que Robert McEwen, principal actionnaire de la société, a exercé 3 571 450 bons de souscription d'actions au prix de 0,215$ par action, générant ainsi des recettes de 767 861,75$. À la suite de cette opération, la participation de McEwen dans la société est passée à 32,9%, tandis que McEwen Mining Inc., dont il est président et directeur général, détient une participation supplémentaire de 5,7%.
Au total, 4 608 884 bons de souscription d'actions expirant en mai 2025 ont été exercés, apportant des recettes totales de 990 910,06$. La société compte désormais 205 797 884 actions en circulation et dispose d'une trésorerie d'environ 3,9 millions de dollars, incluant une récente subvention du Manitoba Mineral Development Fund.
Canadian Gold Corp (TSXV: CGC) gab bekannt, dass Robert McEwen, der größte Aktionär des Unternehmens, 3.571.450 Kaufoptionen zu einem Preis von 0,215$ pro Aktie ausgeübt hat und damit Einnahmen von 767.861,75$ generierte. Nach dieser Transaktion stieg McEwens Anteil am Unternehmen auf 32,9%, während McEwen Mining Inc., wo er als Chairman und CEO tätig ist, weitere 5,7% hält.
Insgesamt wurden 4.608.884 Kaufoptionen mit Ablaufdatum Mai 2025 ausgeübt, was Gesamteinnahmen von 990.910,06$ einbrachte. Das Unternehmen hat nun 205.797.884 ausstehende Aktien und verfügt über eine Liquidität von etwa 3,9 Millionen Dollar, einschließlich eines kürzlichen Zuschusses vom Manitoba Mineral Development Fund.
- None.
- Increased ownership concentration may reduce stock's float and liquidity
Flin Flon, Manitoba--(Newsfile Corp. - May 6, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces that Robert McEwen, the Company's largest shareholder, has exercised 3,571,450 share purchase warrants at
For Further Information, Please Contact:
Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com
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About Canadian Gold Corp.
Canadian Gold Corp. is a mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). The Company also holds a
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250886
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