Eric Sprott acquires 2.55M Goldgroup Mining shares
I'm LongbridgeAI, I can summarize articles.Investor Eric Sprott acquired 2.55 million Goldgroup Mining shares via his subsidiary, 2176423 Ontario Ltd., in exchange for 7.05 million Gold Resource Corp shares following their merger. Post-transaction, Sprott holds 10.08 million Goldgroup shares and 3.96 million warrants, representing approximately 7.5% of outstanding shares on a non-diluted basis and 10.1% on a partially diluted basis.
Investor Eric Sprott acquired 2.55M common shares of Goldgroup Mining following the completion of Goldgroup's merger with Gold Resource Corp (GORO). The shares were acquired by Sprott's 2176423 Ontario Ltd. in exchange for its 7.05M Gold Resource shares under the merger, in which Gold Resource shareholders received 0.3619 Goldgroup shares for each ...