STOCK TITAN

Alyeska holds 9.99% of Titan Mining (TII) after warrant cap

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Alyeska Investment Group and affiliates report beneficial ownership of 9,152,482 common shares of Titan Mining Corporation, equal to 9.99% of the class as of March 31, 2026.

The stake consists of 6,588,860 shares held outright and 2,563,622 shares issuable upon exercise of warrants. The reporting persons hold warrants exercisable for 6,666,666 shares, but a stated beneficial ownership limitation restricts exercise so that only 2,563,622 warrant shares may be exercised without exceeding 9.99%, based on 91,616,438 shares outstanding per the Form 40-F/A dated March 27, 2026. Anand Parekh disclaims beneficial ownership of certain shares held by the fund; Alyeska Investment Group, L.P. exercises voting and investment control for the fund.

Positive

  • None.

Negative

  • None.

Insights

Structured position with a 9.99% ownership cap limits immediate dilution from warrants.

The filing shows a 9.99% ownership position composed of 6,588,860 direct shares plus 2,563,622 warrant-exercise shares permitted under a beneficial ownership limit. The full warrant pool is 6,666,666 but cannot be fully exercised without breaching the cap.

Practical effect: additional share issuance from these warrants is constrained by the 9.99% cap and the company’s outstanding share base of 91,616,438 (per Form 40-F/A). Subsequent filings will show whether the holder seeks to increase position or restructure holdings.

Shared voting/dispositive power indicates fund control but a disclaimer limits individual attribution.

The statement identifies shared voting and dispositive power over 9,152,482 shares held through Alyeska entities, while Anand Parekh is named as CEO of the manager but disclaims beneficial ownership for certain fund-held shares. The filing includes a joint filing statement under Rule 13d-1(k).

Governance implication: voting influence resides with the Alyeska manager entity; the disclaimer and joint filing language clarify attribution and regulatory responsibility. Watch for amendments if the ownership or the outstanding share count changes.

Beneficially owned shares 9,152,482 shares as of March 31, 2026
Percent of class 9.99% ownership percentage reported
Direct shares held 6,588,860 shares component of 9,152,482
Warrant shares exercisable (permitted) 2,563,622 shares issuable upon exercise given 9.99% limit
Total warrant pool 6,666,666 shares warrants held by reporting persons (full pool)
Shares outstanding (reference) 91,616,438 shares per Form 40-F/A dated March 27, 2026
beneficial ownership limitation regulatory
"warrants contain a beneficial ownership limitation that prohibits exercise"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
warrants exercisable financial
"The Reporting Persons hold warrants exercisable for 6,666,666 shares"
shared voting power governance
"Shared Voting Power 9,152,482.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Schedule 13G/A regulatory
"Amendment No. 1 Titan Mining Corporation Common Shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.





88831L202

(CUSIP Number)
05/15/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Alyeska Investment Group, L.P.
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:05/15/2026
Alyeska Fund GP, LLC
Signature:Jason Bragg
Name/Title:Jason Bragg | Chief Financial Officer
Date:05/15/2026
Anand Parekh
Signature:Anand Parekh
Name/Title:Anand Parekh | Self
Date:05/15/2026
Exhibit Information

As of March 31, 2026, the Reporting Persons beneficially own 9,152,482 shares of Common Stock, consisting of (i) 6,588,860 shares of Common Stock and (ii) 2,563,622 shares issuable upon exercise of warrants. The Reporting Persons hold warrants exercisable for 6,666,666 shares; however, such warrants contain a beneficial ownership limitation that prohibits exercise to the extent it would cause the holder's beneficial ownership to exceed 9.99% of the outstanding Common Stock. Based on 91,616,438 shares of Common Stock outstanding (per the Form 40-F/A dated March 27, 2026), the 9.99% limitation permits exercise of only 2,563,622 warrant shares after giving effect to the 6,588,860 shares otherwise held. Position held by Alyeska Master Fund, L.P. Alyeska Investment Group, L.P., as investment manager, exercises voting and investment control over the shares held by Alyeska Master Fund, L.P. Anand Parekh, as Chief Executive Officer of Alyeska Investment Group, L.P., may be deemed the beneficial owner of such shares. Mr. Parekh disclaims beneficial ownership of such shares. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

FAQ

What stake does Alyeska report in Titan Mining (TII)?

Alyeska reports beneficial ownership of 9,152,482 common shares, equal to 9.99% of outstanding shares as of March 31, 2026. This total includes direct shares and shares issuable upon exercise of warrants under a beneficial ownership cap.

How is the 9,152,482-share position composed for TII?

The position consists of 6,588,860 shares held outright and 2,563,622 shares issuable upon exercise of warrants. The filing describes both components and ties the exercise amount to a beneficial ownership limitation.

Why can only 2,563,622 warrant shares be exercised now?

Although warrants cover 6,666,666 shares, a stated beneficial ownership limitation restricts exercise so the holder does not exceed 9.99% of outstanding shares, permitting exercise of only 2,563,622 shares given the current outstanding base.

What outstanding share count does the filing use for its calculation?

The filing references 91,616,438 shares of common stock outstanding, citing the Form 40-F/A dated March 27, 2026. That outstanding share count is the basis for the 9.99% ownership limitation calculation.

Does Anand Parekh claim ownership of the Alyeska-held shares in TII?

The filing notes Anand Parekh may be deemed the beneficial owner due to his manager role but expressly states Mr. Parekh disclaims beneficial ownership of the fund-held shares. Alyeska Investment Group, L.P. exercises voting and investment control for the fund.