Group 1 - Eric Sprott announced the expiration of 1,950,000 common share purchase warrants of Unigold Inc., which represents a decrease in holdings of approximately 10% of the outstanding common shares on a partially diluted basis [1][2] - Prior to the expiration, Mr. Sprott beneficially owned and controlled 22,400,000 shares, representing approximately 8.0% of the outstanding shares on a non-diluted basis and approximately 8.6% on a partially diluted basis [1] - Following the expiration of the warrants and new share issuances by Unigold, Mr. Sprott's ownership decreased to under 10% on a non-diluted basis, resulting in him and 2176423 Ontario Ltd. ceasing to be insiders of Unigold [2] Group 2 - The securities held by Mr. Sprott are for investment purposes, with a long-term view, and he may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3]
Eric Sprott Announces Changes to His Holdings in Unigold Inc