ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.

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ASA Gold and Precious Metals Ltd

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Post by mesa1on May 04, 2021 8:54am

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Post# 33122091

SeekingAlpha ... Sundial Growers boosts stake

Sundial Growers boosts stake in The Valens Company

May 04, 2021 8:28 AM ETSundial Growers Inc. (SNDL)By: Dulan Lokuwithana, SA News Editor

Sundial Growers (NASDAQ:SNDL) has upped its stake in The Valens Company (OTCQX:VLNCF) to more than 10%, the company said in a statement.
Previously, Sundial has owned ~15.5M shares representing ~9.7% of the issued and outstanding common stock on a non-diluted basis as of April 14.
Yesterday, the company has spent a total consideration of ~$2.0M to acquire another 538.4K common shares of Valens for $3.663 per share increasing its stake to ~10.1%.
The company indicated $2.67 apiece as its average cost base of the common stock at Valens including the new acquisition.
Based in Canada, The Valens Company is a developer and manufacturer of cannabinoid-based products.
Recently, Sundial raised its commitment to SunStream Bancorp, a joint venture with SAF Group, by ~80.0% to C$180M ($144.4M).