Beedie Investments Ltd. Exercises Warrants in Artemis Gold Inc.
Beedie Investments has exercised warrants to acquire 11,111,111 common shares of Artemis Gold Inc. (ARGTF) at $1.08 per share. Prior to this transaction, Beedie and its joint actors owned 56,618,973 common shares, 11,111,111 warrants, 378,000 options, and 11,000 deferred stock units (DSUs) in Artemis Gold. After the warrant exercise, Beedie's holdings increased to 67,730,084 common shares, 378,000 options, and 11,000 DSUs. Assuming full exercise of remaining options and DSUs, Beedie would own approximately 31.54% of Artemis Gold's outstanding shares. The securities are held for investment purposes, with Beedie reserving the right to make future transactions based on market conditions.
Beedie Investments ha esercitato i diritti di opzione per acquisire 11.111.111 azioni ordinarie di Artemis Gold Inc. (ARGTF) a $1,08 per azione. Prima di questa transazione, Beedie e i suoi soci detenevano 56.618.973 azioni ordinarie, 11.111.111 opzioni, 378.000 opzioni e 11.000 unità azionarie differite (DSUs) in Artemis Gold. Dopo l'esercizio dei diritti, le partecipazioni di Beedie sono aumentate a 67.730.084 azioni ordinarie, 378.000 opzioni e 11.000 DSUs. Assumendo l'esercizio completo delle opzioni e DSUs rimanenti, Beedie possederebbe circa 31,54% delle azioni ordinarie di Artemis Gold. I titoli sono detenuti a scopo d'investimento, con Beedie che si riserva il diritto di effettuare future transazioni in base alle condizioni di mercato.
Beedie Investments ha ejercido opciones para adquirir 11,111,111 acciones comunes de Artemis Gold Inc. (ARGTF) a $1.08 por acción. Antes de esta transacción, Beedie y sus socios poseían 56,618,973 acciones comunes, 11,111,111 opciones, 378,000 opciones y 11,000 unidades de acciones diferidas (DSUs) en Artemis Gold. Después del ejercicio de las opciones, las participaciones de Beedie aumentaron a 67,730,084 acciones comunes, 378,000 opciones y 11,000 DSUs. Suponiendo el ejercicio completo de las opciones y DSUs restantes, Beedie poseería aproximadamente 31.54% de las acciones en circulación de Artemis Gold. Los valores se mantienen con fines de inversión, reservando Beedie el derecho a realizar futuras transacciones según las condiciones del mercado.
Beedie Investments는 Artemis Gold Inc. (ARGTF)의 보통주 11,111,111주를 주당 $1.08에 인수하기 위해 워런트를 행사했습니다. 이번 거래 이전에 Beedie와 그 공동 행동자들은 Artemis Gold의 보통주 56,618,973주, 워런트 11,111,111개, 옵션 378,000개 및 연기 주식 단위(DSU) 11,000개를 보유하고 있었습니다. 워런트 행사를 통하여 Beedie의 보유 주식은 보통주 67,730,084주, 옵션 378,000개, DSU 11,000개로 증가했습니다. 남아 있는 옵션과 DSU가 전부 행사될 경우, Beedie는 대략 Artemis Gold의 발행 주식의 31.54%를 보유하게 됩니다. 이 증권은 투자 목적으로 보유되며, 시장 상황에 따라 향후 거래를 할 권리를 Beedie가 보유하고 있습니다.
Beedie Investments a exercé des warrants pour acquérir 11.111.111 actions ordinaires de Artemis Gold Inc. (ARGTF) à 1,08 $ par action. Avant cette transaction, Beedie et ses partenaires détenaient 56.618.973 actions ordinaires, 11.111.111 warrants, 378.000 options et 11.000 unités d'actions différées (DSUs) dans Artemis Gold. Après l'exercice des warrants, les avoirs de Beedie ont augmenté à 67.730.084 actions ordinaires, 378.000 options et 11.000 DSUs. En supposant l'exercice complet des options et DSUs restantes, Beedie posséderait environ 31,54% des actions en circulation d'Artemis Gold. Les titres sont détenus à des fins d'investissement, Beedie se réservant le droit de réaliser de futures transactions en fonction des conditions du marché.
Beedie Investments hat Warrants ausgeübt, um 11.111.111 Stammaktien von Artemis Gold Inc. (ARGTF) zu einem Preis von 1,08 $ pro Aktie zu erwerben. Vor dieser Transaktion besaßen Beedie und seine gemeinsamen Akteure 56.618.973 Stammaktien, 11.111.111 Warrants, 378.000 Optionen und 11.000 aufgeschobene Aktieneinheiten (DSUs) in Artemis Gold. Nach der Ausübung der Warrants stiegen Beedies Bestände auf 67.730.084 Stammaktien, 378.000 Optionen und 11.000 DSUs. Bei vollständiger Ausübung der verbleibenden Optionen und DSUs würde Beedie etwa 31,54% der ausgegebenen Aktien von Artemis Gold besitzen. Die Wertpapiere werden zu Investitionszwecken gehalten, wobei Beedie sich das Recht vorbehält, zukünftige Transaktionen basierend auf den Marktbedingungen durchzuführen.
- Beedie Investments increased its stake in Artemis Gold, potentially indicating confidence in the company
- The warrant exercise at $1.08 per share brought in approximately $12 million to Artemis Gold
- Significant ownership concentration with Beedie controlling over 31% of Artemis Gold's shares
- Potential for future share dilution if Beedie exercises remaining options and DSUs
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Beedie Investments Ltd. (the "Acquiror") announced that it has acquired 11,111,111 common shares (the "Common Shares") of Artemis Gold Inc. (the "Company") pursuant to a warrant exercise at
Prior to the Transaction, the Acquiror, together with its joint actors, owned and controlled (i) 56,618,973 Common Shares, (ii) 11,111,111 Warrants exercisable into a further 11,111,111 Common Shares, (iii) options (the "Options") to acquire an additional 378,000 Common Shares and (iv) 11,000 deferred stock units (the "DSUs") representing the right to receive 11,000 Common Shares. Assuming the exercise in full of the Warrants, Options, and DSUs, the Acquiror, together with its joint actors, would beneficially own a total of 68,119,084 Common Shares, representing approximately
Subsequent to the Transaction, the Acquiror, together with its joint actors, owned and controlled (i) 67,730,084 Common Shares, (ii) 378,000 Options, and (iii) 11,000 DSUs. Assuming the exercise in full of the Options and DSUs, the Acquiror, together with its joint actors, would beneficially own a total of 68,119,084 Common Shares of the Company, representing approximately
All of the securities held by the Acquiror in the Company are being held for investment purposes. The Acquiror may in the future take such actions in respect of its Company securityholdings as it deems appropriate in light of the market circumstances then existing, including the potential purchase of additional shares of the Company through open market purchases or privately negotiated transactions, a corporate transaction, such as a merger, reorganization or liquidation, involving the Company, or the sale of all or a portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers, or the Acquiror may continue to hold its current positions.
A copy of the early warning report relating to the exercise of the Warrants will be available under the Company's profile on SEDAR+ at www.sedarplus.ca, and may also be obtained by contacting Beedie Investments Ltd. at 604-435-3321. Beedie's head office is located at Suite 900 - 1111 West Georgia St., Vancouver, BC, V6E 4M3.
Neither the TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217529
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