concept capital group

Concept Capital Management Inc. Files Early Warning Report

Concept Capital Management Ltd. ("Concept") announces that it acquired direct ownership of 1,257 units (the "Units") of Ready Set Gold Corp. (CSE: RDY) ("RDY"), 1166 Alberni Street. Suite 1201, Vancouver, BC V6E 3Z3, at a price of $1,000 per Unit pursuant to a private placement of Units on June 23, 2021. Each Unit consists of one $1,000 principal amount 3-year unsecured convertible debenture (a "Debenture") and 3,334 common share purchase warrants (each, a "Warrant'). The Debentures are convertible into common shares of the Issuer at a price of $0.27 per share and the Warrants are convertible into common shares at a price of $0.47 per share for a period of 36 months.

Immediately Prior to the Transaction, the Acquiror owned or exercised control or direction over 812,500 common shares of Issuer representing approximately 2.7% of the issued and outstanding common shares. Following the Transaction, the Acquiror owned or exercised control or direction over 812,500 common shares, representing approximately 2.7% of the issued and outstanding common shares on a non-diluted basis, 4,190,838 Warrants and 1,257 Debentures. Assuming conversion of the Warrants and Debentures, the Acquiror would own 9,658,893 common shares or 24.81% of the issued and outstanding common shares on a partially-diluted basis.

The shares were acquired by Concept for investment purposes, and depending on various factors including, without limitation, market and other conditions, increase or decrease his beneficial ownership, control or direction over Shares or other securities of the Issuer, through market transactions, private agreements, treasury issuances, exercises of convertible securities or otherwise.

Concept has also prepared an early warning reporting in accordance with the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that will appear under RDY's profile on www.sedar.com.

Concept Capital Management Ltd.
Trust Company Complex
Ajeltake Road
Ajeltake Island
MH 96960
Majuro, Marshall Islands
info@ccm-ag.com

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7746/90232_845db10ce4531967_001full_200.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90232

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Ready Set Gold

Ready Set Gold

Gold Exploration in the Hemlo-Schreiber Greenstone Belt

Gold Exploration in the Hemlo-Schreiber Greenstone Belt Keep Reading...
Keep reading...Show less
Candlestick chart over gold bars with "Weekly Editor's Picks" text.

Editor's Picks: Gold and Silver Prices Hit New Highs, Then Drop — What's Next?

Gold and silver are wrapping up a record-setting week once again. Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to... Keep Reading...
Lobo Tiggre, gold bars.

Lobo Tiggre: Gold, Silver Hit Record Highs, Next "Buy Low" Sector

Did gold and silver just experience a blow-off top, or do they have more room to run? Lobo Tiggre, CEO of IndependentSpeculator.com, shares his thoughts on what's going on with the precious metals, and how investors may want to position.Don't forget to follow us @INN_Resource for real-time... Keep Reading...
Ross Beaty silver bars.

Ross Beaty: Gold, Silver in "Bubble Territory," What Happens Next?

Ross Beaty of Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Pan American Silver (TSX:PAAS,NASDAQ:PAAS) shares his thoughts on gold and silver's record-setting runs. While high prices are exciting, he noted that even US$50 per ounce silver is good for miners. "At the end of the day, there's still... Keep Reading...
Chrome button labeled "take profit" with a blue glow.

Is it Time to Take Profits? Experts Share Gold and Silver Strategies in Vancouver

Optimism was building at last year’s Vancouver Resource Investment Conference (VRIC), with fresh capital flowing back into the mining sector, lifting project financings and investor portfolios alike.This year's VRIC, which ran from January 25 to 26, saw that optimism tip into outright... Keep Reading...
Adoption of Omnibus Incentive Plan & Private Placement Update

Adoption of Omnibus Incentive Plan & Private Placement Update

iMetal Resources Inc. (TSXV: IMR,OTC:IMRFF) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company"). The Company confirms shareholders approved the adoption of a new omnibus incentive plan (the "Plan") at the annual general and special meeting (the "Meeting") of shareholders held on August 7,... Keep Reading...
Flow Metals Announces Closing of Shares for Debt

Flow Metals Announces Closing of Shares for Debt

Flow Metals Corp. (CSE: FWM) ("Flow Metals" or the "Company") is pleased to announce that, further to its news release dated January 23, 2026, it has closed a debt settlement transaction (the "Debt Settlement") with certain insiders' of the Company pursuant to which the Company settled... Keep Reading...

Interactive Chart

Latest Press Releases

Related News