Justin Dibb Discloses 8.8% Holding in Allied Gold (AAUC)
Rhea-AI Filing Summary
Justin Michael Dibb reports beneficial ownership of 10,178,440 common shares of Allied Gold Corporation (AAUC), representing 8.8% of the outstanding class. That total explicitly includes 719,631 shares underlying convertible debentures with an aggregate principal amount of $12,500,000, convertible at $17.37 per share. The percentage is calculated using 115,413,969 shares outstanding as of June 30, 2025, per the company's interim statements.
The filing identifies Dibb as an Australian citizen with a business address in Dubai and lists Allied Gold's principal executive office in Toronto. The Schedule 13G provides ownership detail, shows 0 shared voting or dispositive power, and marks group-related items as not applicable; no additional transactions, agreements, or control claims are disclosed in the statement.
Positive
- Beneficial ownership clearly quantified: 10,178,440 shares representing 8.8% of the class.
- Convertible securities disclosed: 719,631 shares underlying $12,500,000 aggregate principal of debentures convertible at $17.37 per share.
Negative
- None.
Insights
TL;DR: Reporting person holds a material 8.8% stake (10.18M shares) in AAUC, including convertible debentures convertible into 719,631 shares.
The disclosure shows a materially reportable position above the 5% threshold, with clear quantification: 10,178,440 shares beneficially owned and 719,631 shares attributable to $12.5M of convertible debentures at $17.37 per share. The filing indicates sole voting and dispositive power for the aggregate amount and reports no shared voting or group arrangements. This is an ownership disclosure without accompanying transaction detail or statements of intent; it quantifies potential dilution from convertible debentures but does not describe any planned conversions or transactions.
TL;DR: Schedule 13G lists ownership and governance-relevant facts: sole control of 10.18M shares, no group affiliation, and convertible instruments disclosed.
The filing identifies the reporting person and domicile information, states sole voting and dispositive power over the reported shares, and explicitly marks group-related Items as not applicable. Item 4 discloses convertible debentures convertible into 719,631 shares, which is relevant for future ownership and voting calculations. There are no assertions of shared authority, no identified arrangements affecting control, and no additional certifications or footnoted restrictions in the statement.
FAQ
How many AAUC shares does Justin Michael Dibb report owning?
What percentage of Allied Gold (AAUC) does that represent?
Does the filing disclose convertible securities or debentures?
What share count was used to calculate the ownership percentage?
Is the reporting person part of a group or sharing voting/dispositive power?