Myrmikan entities disclose large Star Gold Corp. (SRGZ) stake on Form 3
Rhea-AI Filing Summary
Star Gold Corp. filed an initial insider ownership report showing a large beneficial stake held through Myrmikan entities. The filing reports beneficial ownership of 10,000,000 Warrants and 26,976,707 shares of Common Stock as of the reported date.
The securities are noted as being beneficially owned directly by Myrmikan Gold Fund, LLC and indirectly by Myrmikan Capital, LLC and Oliver Daniel Jr, who are each listed as ten-percent owners. The Form 3 records holdings only and does not specify any recent purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Myrmikan Gold Fund, LLC, Myrmikan Capital, LLC, Oliver Daniel Jr
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Warrants — 10,000,000 shares (Direct);
Common Stock — 26,976,707 shares (Direct)
Footnotes (1)
- F1. Beneficially owned directly by Myrmikan Gold Fund, LLC and indirectly by the other reporting persons
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 for Star Gold Corp. (SRGZ) disclose about Myrmikan’s stake?
The Form 3 discloses that Myrmikan-related entities beneficially own 10,000,000 Warrants and 26,976,707 Star Gold common shares. These securities are held directly by Myrmikan Gold Fund, LLC and indirectly attributed to Myrmikan Capital, LLC and Oliver Daniel Jr as ten-percent owners.
Who are the reporting persons on Star Gold Corp. (SRGZ) Form 3?
The reporting persons are Myrmikan Gold Fund, LLC, Myrmikan Capital, LLC, and Oliver Daniel Jr. Each is identified as a ten-percent owner of Star Gold Corp., with the footnote stating that the securities are owned directly by Myrmikan Gold Fund and indirectly by the other reporting persons.
Does the Star Gold Corp. (SRGZ) Form 3 show any insider buying or selling?
The Form 3 does not report insider buying or selling activity. It classifies the entries as holdings, listing total Warrants and common shares beneficially owned after the reported date, without transaction codes indicating purchases, sales, or other changes in ownership.
What Warrants position is disclosed in the Star Gold Corp. (SRGZ) Form 3?
The Form 3 lists beneficial ownership of 10,000,000 Warrants. These Warrants are reported as directly owned by Myrmikan Gold Fund, LLC, with indirect beneficial ownership attributed to Myrmikan Capital, LLC and Oliver Daniel Jr, according to the footnote included in the filing.
Why is a Form 3 being filed for Star Gold Corp. (SRGZ) by Myrmikan entities?
A Form 3 is required when someone becomes a beneficial owner of more than ten percent of a registered class of a company’s equity securities. The filing shows Myrmikan Gold Fund, LLC, Myrmikan Capital, LLC, and Oliver Daniel Jr as ten-percent owners of Star Gold Corp.