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Eric Sprott Announces Changes to His Holdings in Kirkland Lake Discoveries Corp.
SprottSprott(US:SII) Newsfileยท2025-06-02 12:36

Summary of Key Points Core Viewpoint - Eric Sprott announced the expiration of 4,000,000 common share purchase warrants of Kirkland Lake Discoveries Corp., resulting in a decrease of approximately 3.0% in his holdings on a partially diluted basis [1][2]. Group 1: Changes in Holdings - Prior to the expiration, Mr. Sprott held 8,509,250 shares and 8,000,000 warrants, representing approximately 7.6% of the outstanding shares on a non-diluted basis and approximately 13.7% on a partially diluted basis [1]. - Following the expiration of the warrants, Mr. Sprott now beneficially owns 8,509,250 shares and 4,000,000 warrants, which translates to approximately 7.6% of the outstanding shares on a non-diluted basis and approximately 10.7% on a partially diluted basis [2]. Group 2: Investment Intentions - The securities are held for investment purposes, with a long-term view. Mr. Sprott may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].