Prior to the completion of the Offering, Taiga had beneficial ownership and control of 27,891,234 common shares of the Company ("Common Shares"), representing approximately 26.6% of the Company's issued and outstanding Common Shares as of such date. Following the completion of the Offering, Taiga now has beneficial ownership and control of 30,150,191 Common Shares, or approximately 28.0% of the Company's issued and outstanding Common Shares as of the date of this press release, an increase of 1.4%. In addition, Taiga and its joint actors hold 8,768,189 common share purchase warrants, and which, if exercised, would result in Taiga having beneficial ownership and control over an aggregate of 38,918,380 Common Shares of the Company on a partially diluted basis (assuming no other shares were issued and no other convertible securities were converted by the Company).
The joint actors involved in the Insider Participation are
"Anthony Huston" (signed)
For more information on
Neither the
This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address the use of proceeds from the Offering, receipt of regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are no guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the receipt of all necessary regulatory approvals, market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
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