Eric Sprott Announces Changes to Holdings in New Age Metals Inc
SprottSprott(US:SII) Newsfile·2025-04-01 11:44

Summary of Key Points Core Viewpoint - Eric Sprott announced the expiration of 2,285,156 common share purchase warrants of New Age Metals Inc., resulting in a decrease in his holdings by approximately 2.8% of the outstanding common shares on a partially diluted basis [1]. Group 1: Changes in Holdings - Following the expiration of the warrants, Mr. Sprott now beneficially owns and controls 12,875,000 shares and 1,624,094 warrants, representing approximately 23.2% of the outstanding shares on a non-diluted basis and approximately 25.4% on a partially diluted basis [2]. - Prior to the expiration, Mr. Sprott held 12,875,000 shares and 3,906,250 warrants, which represented approximately 23.2% of the outstanding shares on a non-diluted basis and approximately 28.2% on a partially diluted basis [1]. Group 2: Investment Intentions - The securities held by Mr. Sprott are for investment purposes, and he has a long-term view of the investment. He may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].