Post by
Warlockkk on Jul 05, 2021 7:34am
ERIC SPROTT INCREASES INVESTMENT IN EXPLOITS BY $6.8M
Vancouver, British Columbia – July 5th, 2021 – Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634-FF) is pleased to announce Eric Sprott has increased his investment in the Company.
2176423 Ontario Ltd., a corporation which is beneficially owned by Eric Sprott, purchased on June 30, 2021, 6,783,700 common shares of Exploits Discovery Corp. (representing an increase of approximately 5.0 per cent of the outstanding shares on a partially diluted basis since the filing date of the most recent early warning report) at a price of $1 per share for aggregate consideration of $6,783,700. The Shares were purchased by way of private agreement with a single vendor at a price less than 115% of the “market price” of the Shares in reliance on the” private agreement exemption” in Section 4.2 of National Instrument 62-104 Take-Over Bids and Issuer Bids. 2176423 Ontario Ltd. is beneficially owned by Eric Sprott.
Comment by
Flyder on Jul 05, 2021 8:38am
Off the top of my head I don't remember how much ES has invested in the other companies, like LAB. But he sure seems to like Exploits. Wonder what he knows that the rest of us don't know? This further investment by him before there are any drill results sure does raise the eyebrows!