Core Points - Eric Sprott, through 2176423 Ontario Ltd., acquired 700,000 common shares of AbraSilver Resource Corp. at a price of 1,785,000 [1] - Following the acquisition, Sprott's total holdings increased to 13,196,300 shares, representing approximately 9.3% of the outstanding shares, a decrease from 9.6% prior to the acquisition [2] - The acquisition led to a reduction in Sprott's holdings by approximately 3.3% since the last Early Warning Report, resulting in him and 2176423 Ontario Ltd. no longer being classified as insiders of AbraSilver Resource [2] Investment Intent - The securities are held for investment purposes, with a long-term view, and Sprott may acquire or sell additional securities depending on market conditions and other relevant factors [3]
Eric Sprott Announces Changes to His Holdings in AbraSilver Resource Corp.