Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Common Shares of Magna Terra Minerals Inc
Group 1 - Michael Gentile has filed an early warning report regarding the acquisition of 13,955,000 common shares of Magna Terra Minerals Inc in a private transaction [1] - Prior to the acquisition, Mr. Gentile owned 2,660,000 common shares, representing approximately 3.20% of the company's issued and outstanding shares [1] - After the acquisition, Mr. Gentile owns 16,615,000 common shares, representing approximately 19.99% of the company's issued and outstanding shares [1] Group 2 - The common shares were acquired for investment purposes, with a long-term view on the investment [2] - Mr. Gentile may acquire additional securities or sell the common shares in the future depending on market conditions and other relevant factors [2]