Northfield Capital Acquires Securities of Rocky Shore Gold Ltd.
Globenewswire·2025-10-16 20:30

Core Viewpoint - Northfield Capital Corporation has acquired an additional 49,000 common shares of Rocky Shore Gold Ltd., increasing its ownership stake in the company to approximately 15.80% on a non-diluted basis as of October 8, 2025 [1][2]. Group 1: Acquisition Details - The acquisition of 49,000 common shares was completed on October 8, 2025, at a price of $0.11 per share, totaling an aggregate consideration of $5,390 [4]. - Following this transaction, Northfield Capital Corporation's total ownership includes 30,513,688 common shares and 2,560,000 convertible securities, representing approximately 15.80% of the issued and outstanding common shares on a non-diluted basis [2][3]. Group 2: Ownership Structure - Prior to the acquisition, Northfield and its joint actors held a total of 30,969,987 common shares and convertible securities, representing approximately 16.04% on a non-diluted basis [3]. - After the transaction, the combined ownership of Northfield and its joint actors is 31,018,987 common shares and 3,385,000 convertible securities, equating to approximately 16.07% on a non-diluted basis [3]. Group 3: Company Background - Northfield Capital Corporation is a publicly traded investment firm established in 1981, focusing on sectors such as resources, mining, aviation, and premium alcoholic beverages [5]. - The company aims to foster growth and innovation in businesses that contribute to economic prosperity in Canada [5].

Northfield Capital Acquires Securities of Rocky Shore Gold Ltd. - Reportify