Eric Sprott Announces Holdings in Freegold Ventures Limited

Eric Sprott Announces Holdings in Freegold Ventures Limited

Eric Sprott announces that, today, 15,522,152 common share purchase warrants (Warrants) of Freegold Ventures Limited, (held by 2176423 Ontario Ltd., a corporation he beneficially owns) were exercised representing a decrease in holdings of approximately 2.4% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the exercise of these Warrants, Mr. Sprott beneficially owned and controlled 84,830,904 Shares and 24,613,102 Warrants representing approximately 23.0% of the outstanding Shares on a non-diluted basis and approximately 26.2% on a partially diluted basis assuming the exercise of such Warrants.

As a result of the Warrant exercise, Mr. Sprott now beneficially owns and controls 100,353,056 Shares representing approximately 27.3% of the outstanding Shares on a non-diluted basis. The Warrants exercised resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report.

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.

Freegold Ventures is located at 888-700 West Georgia Street, Vancouver, BC, V7Y 1G5. A copy of the early warning report with respect to the foregoing will appear on the company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and may also be obtained by calling Mr. Sprott's` office at (416) 945-3294 (2176423 Ontario Ltd., 200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1).

Source


Click here to connect with Freegold Ventures (TSX: FVL, OTCQX: FGOVF), to receive an Investor Presentation

FVL:CA
Freegold Limited

Freegold Limited Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Freegold Limited

Freegold Limited

Advancing a district-scale gold system with growing scale and grade in Alaska

Advancing a district-scale gold system with growing scale and grade in Alaska Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: BPM Minerals Gains 111 Percent

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, antimony, lithium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
Shiny gold bar rests on financial chart with fluctuating orange and blue lines.

Stored, Safe and Spendable: How Technology is Changing Gold Ownership

Gold has long been treated as a store of value, often leading to selling the metal to generate cash from it. Digital ownership and payment technology are reshaping that idea.Demand data from the World Gold Council (WGC) shows that investors continue to accumulate gold as a long-term holding.... Keep Reading...
World map on red background featuring stock market graphs and numeric data overlays.

Frank Giustra: US Debt, Midterm Elections and Shifting Global Order Highlight Gold and Copper

The US midterm elections may have reshaped the political landscape in Washington, but they are unlikely to change what mining investor and Fiore Group CEO Frank Giustra sees as the country's biggest economic problem: an unsustainable debt burden and a growing loss of confidence in the US... Keep Reading...
Wooden blocks on a gray surface read 2026, with a blue background and a tilted block showing 7 and 6.

Aging Mines, Operational Hurdles Top EY’s 2027 Risk Ranking

The mining industry’s biggest risk for 2027 sits in its own pits, as operational complexity leads EY’s latest ranking of business risks and opportunities for mining and metals, ahead of capital, supply chains and rising costs. According to the consulting firm's recently published report, ore... Keep Reading...
Gold bar with financial graphs overlays.

Gold Price Climbs Above US$4,000 After Democrat Midterm Win

The gold price was on the rise on Wednesday (November 4), climbing above US$4,000 per ounce as the US dollar weakened following midterm elections in the country. Spot gold advanced to US$4,063, while spot silver jumped to US$52.32 per ounce by 4:55 p.m. EST. The US Dollar Index fell around 0.3... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver, Midterms — Price Impact as US Votes

How will US midterm elections affect gold and silver prices? John Feneck, portfolio manager and consultant at Feneck Consulting, shares his thoughts, saying both precious metals could see further downside in the short term if Republicans lose both the House and Senate; however, the long-term... Keep Reading...
Freegold Limited

Freegold Limited Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News