1M Dolly Varden (DVS) shares planned for Rule 144 sale on TSX-V
Rhea-AI Filing Summary
Dolly Varden Silver’s security holder has filed a notice of proposed sale of restricted shares under Rule 144. The holder plans to sell 1,000,000 shares of Common Stock through RBC Capital Markets on the TSX-Venture Exchange, with an approximate aggregate market value of $7,450,000.00. The filing states that 90,913,545 shares of the same class were outstanding at the time referenced.
The shares to be sold were originally acquired on 09/08/2017 by subscription of shares from Dolly Varden Silver Corp, and the consideration paid was in cash on the same date. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
What does Dolly Varden Silver Corp’s Form 144 filing disclose?
The Form 144 filing for Dolly Varden Silver Corp discloses that a security holder intends to sell 1,000,000 shares of Common Stock under Rule 144, with an approximate aggregate market value of $7,450,000.00, through RBC Capital Markets on the TSX-Venture Exchange.
What representation does the seller make in the Dolly Varden Silver Form 144?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.