Eric Sprott Announces Changes to His Holdings in Silver Sands Resources Corp.
Eric Sprott Announces Changes to His Holdings in Silver Sands Resources Corp.
Toronto, Ontario--(Newsfile Corp. - March 25, 2024) - Eric Sprott announces that on March 23, 2024, 87,500 common share purchase warrants (Warrants) of Silver Sands Resources Corp., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 5.7% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 875,000 Shares and 87,500 Warrants representing approximately 6.1% of the outstanding Shares on a non-diluted basis and approximately 6.6% on a partially diluted basis assuming the exercise of such Warrants.
As a result of the Warrant expiry, Mr. Sprott now beneficially owns 875,000 Shares representing approximately 6.1% of the outstanding Shares on a non-diluted basis The Warrant expiry combined with previous new share issuances by Silver Sands Resources, resulted in an ownership change, on a partially diluted basis, of approximately 5.7% since the date of the last filing of an Early Warning Report and brings total holdings to under 10% on a non-diluted basis. As a result, Mr. Sprott and 2176423 Ontario Ltd., ceased to be insiders of Silver Sands Resources.
The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
Silver Sands Resources is located at Suite 830, 1100 Melville St., Vancouver, British Columbia V6E 4A6. A copy of the early warning report with respect to the foregoing will appear on Silver Sands Resources's profile on SEDAR+ at and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto, Ontario M5C 3C5).
Toronto, Ontario--(Newsfile Corp. - March 25, 2024) - Eric Sprott announces that on March 23, 2024, 87,500 common share purchase warrants (Warrants) of Silver Sands Resources Corp., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 5.7% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 875,000 Shares and 87,500 Warrants representing approximately 6.1% of the outstanding Shares on a non-diluted basis and approximately 6.6% on a partially diluted basis assuming the exercise of such Warrants.
安大略省多倫多--（Newsfile Corp.，2024年3月25日）——埃裏克·斯普羅特宣佈，2024年3月23日，銀沙資源公司（由其實益擁有的公司2176423 Ontario Ltd.持有）的87,500份普通股購買權證（認股權證）未經行使到期，這意味着自上次攤薄以來，已發行普通股（股票）的持股量減少了約5.7％ 預警報告。在這些認股權證到期之前，斯普羅特先生實益擁有875,000股股票和87,500份認股權證，按未攤薄計算，約佔已發行股份的6.1％，假設行使此類認股權證，部分攤薄後約佔6.6％。
As a result of the Warrant expiry, Mr. Sprott now beneficially owns 875,000 Shares representing approximately 6.1% of the outstanding Shares on a non-diluted basis The Warrant expiry combined with previous new share issuances by Silver Sands Resources, resulted in an ownership change, on a partially diluted basis, of approximately 5.7% since the date of the last filing of an Early Warning Report and brings total holdings to under 10% on a non-diluted basis. As a result, Mr. Sprott and 2176423 Ontario Ltd., ceased to be insiders of Silver Sands Resources.
由於認股權證到期，斯普羅特先生現在以非攤薄方式實益擁有87.5萬股股票，約佔已發行股份的6.1％。認股權證到期加上銀沙資源先前發行的新股，自上次提交預警報告之日起，按部分攤薄計算，所有權變動約爲5.7％，未攤薄後的總持股量降至10％以下。結果，斯普羅特先生和安大略省2176423有限公司不再是銀沙資源的內部人士。
The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
這些證券是爲了投資目的而持有的。斯普羅特先生對投資有長遠的看法，根據市場狀況、計劃的重新制定和/或其他相關因素，他可能會收購更多證券，包括在公開市場上或通過私募出售證券，包括在公開市場上或通過私募處置。
Silver Sands Resources is located at Suite 830, 1100 Melville St., Vancouver, British Columbia V6E 4A6. A copy of the early warning report with respect to the foregoing will appear on Silver Sands Resources's profile on SEDAR+ at and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto, Ontario M5C 3C5).
銀沙資源位於不列顛哥倫比亞省溫哥華市梅爾維爾街 1100 號 830 號套房 V6E 4A6。有關上述內容的預警報告的副本將出現在銀沙資源在SEDAR+上的個人資料中，也可以致電斯普羅特先生的辦公室（416）945-3294（2176423安大略有限公司，安大略省多倫多國王街東7號，1106套房，M5C 3C5）獲取。
譯文內容由第三人軟體翻譯。
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