Eric Sprott Announces Changes to His Holdings in Sokoman Minerals Corp.
SprottSprott(US:SII) Newsfile·2025-10-31 18:43

Summary of Key Points Core Viewpoint - Eric Sprott has significantly increased his holdings in Sokoman Minerals Corp through a private placement, acquiring 53 million shares at a total cost of $10,070,000, indicating a strong investment interest in the company [1][2]. Group 1: Acquisition Details - On October 31, 2025, 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, acquired 53,000,000 common shares of Sokoman Minerals Corp at a price of $0.19 per share [1]. - The total consideration for this acquisition amounted to $10,070,000 [1]. Group 2: Ownership Changes - Prior to the acquisition, Eric Sprott owned and controlled 60,414,465 shares, which represented approximately 16.7% of the outstanding shares [2]. - Following the acquisition, his total ownership increased to 113,414,465 shares, representing approximately 23.8% of the outstanding shares, marking an increase of about 2.7% from the previous report [2]. Group 3: Investment Intentions - The shares are held for investment purposes, with a long-term view on the investment [3]. - Eric Sprott may consider acquiring additional securities or selling existing ones depending on market conditions and other relevant factors [3].