Core Viewpoint - Michael Gentile has filed an early warning report regarding the acquisition of 6,666,666 charity flow-through units in Cascadia Minerals Ltd as part of a non-brokered private placement [1] Group 1: Acquisition Details - The acquisition consists of 6,666,666 charity flow-through units, each unit comprising one common share and one-half of one common share purchase warrant [1] - Each warrant allows the holder to acquire one additional common share until December 22, 2028, at an exercise price of $0.20 per common share [1] Group 2: Ownership Before and After Acquisition - Before the acquisition, Mr. Gentile owned 8,075,500 common shares, 6,052,394 warrants, and 200,000 stock options, representing approximately 5.16% of the company's issued common shares on an undiluted basis and 8.81% on a partially diluted basis [2] - After the acquisition, Mr. Gentile's holdings increased to 14,742,166 common shares, 9,385,727 warrants, and 200,000 stock options, representing approximately 8.36% of the company's issued common shares on an undiluted basis and 13.10% on a partially diluted basis [2] Group 3: Investment Intentions - The common shares were acquired for investment purposes, with a long-term view, and Mr. Gentile may consider acquiring additional securities or selling shares depending on market conditions and other relevant factors [3]
Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Cascadia Minerals Ltd.