Star Gold insiders exercise warrants for 5M shares
Ten percent owners of Star Gold Corp. exercised warrants for 5,000,000 shares at $0.08, raising their direct common stock holdings to 31,976,707 shares.
Rhea-AI Filing Summary
Star Gold Corp. (SRGZ) reported that a group of ten percent owners, including Myrmikan Capital, LLC, Myrmikan Gold Fund, LLC, and Oliver Daniel Jr, exercised warrants into common stock. On July 31, 2026 they exercised warrants covering 5,000,000 shares at $0.08 per share, receiving 5,000,000 common shares and bringing their directly held common stock to 31,976,707 shares. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000,000 shares exercised/converted
Exercise
2 txns
Insider
Myrmikan Capital, LLC, Myrmikan Gold Fund, LLC, Oliver Daniel Jr
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Warrants | 5,000,000 | $0.08 | $400K |
| Exercise | Common Stock | 5,000,000 | $0.08 | $400K |
Holdings After Transaction:
Warrants — 5,000,000 contracts (Direct);
Common Stock — 31,976,707 shares (Direct)
Key Figures
Shares acquired through warrant exercise: 5,000,000 shares
Exercise price: $0.08 per share
Common stock held after transaction: 31,976,707 shares
+2 more
5 metrics
Shares acquired through warrant exercise
5,000,000 shares
Common stock received on exercise reported for July 31, 2026
Exercise price
$0.08 per share
Exercise price of warrants converted into common stock
Common stock held after transaction
31,976,707 shares
Directly owned common shares after July 31, 2026 exercise
Warrants exercised
5,000,000 warrants
Derivative securities exercised into common stock on July 31, 2026
Warrant exercise period
February 26, 2026 to February 26, 2027
Exercise and expiration dates for the warrants
Key Terms
warrants, common stock, ten percent owner
3 terms
warrants financial
"reported as Warrants exercisable for Common Stock"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
common stock financial
"underlying security title identified as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner regulatory
"each reporting person is listed as a ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SRGZ report on this Form 4?
Star Gold Corp. reported that a group of ten percent owners exercised warrants for 5,000,000 shares of common stock at $0.08 per share on July 31, 2026, increasing their directly held common stock position.
What was the exercise price of the warrants reported for SRGZ?
The warrants were exercised at an exercise price of $0.08 per share, covering 5,000,000 underlying shares of Star Gold Corp. common stock.
Who are the reporting owners in this SRGZ Form 4 filing?
The reporting owners are Myrmikan Capital, LLC, Myrmikan Gold Fund, LLC, and Oliver Daniel Jr, each listed as a ten percent owner of Star Gold Corp.
Was the SRGZ warrant exercise done under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported transactions.
What are the key dates for the SRGZ warrants exercised by the insiders?
The derivative security is described with an exercise date of February 26, 2026 and an expiration date of February 26, 2027, with the actual exercise transaction reported on July 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
