Sprott has took over Global Resource Investments founded by Rick Rule.. Here it is interesting to see that Sprott now holds a 9% position in the company.
An anonymous rep of Rule Family Trust reports
THE RULE FAMILY TRUST TRANSFERS INSIDER SHARE POSITIONSTHROUGH SALE OF GLOBAL COMPANIES TO SPROTT INC.
Through the sale by A. Richards Rule IV and the Rule Family Trust of Global ResourceInvestments, Ltd., Terra Resource Investment Management, Inc. and Resource Capital InvestmentCorporation to Sprott Inc. of Toronto, Ont., the trust has transferred control and direction oversecurities of various companies to Sprott as seen in the table.
Number of warrants
Issuer Number of shares and partially diluted
and exchange percentage of outstanding percentage of outstanding
Canadian Phoenix Resources Corp. 11,334,445 19.39% 0 -
TSX-V: CXP
Estrella Gold Corporation 1,418,800 8.86% 1,704,300 17.63%
TSX-V: EST
Creston Moly Corp. 28,226,000 9.87% 6,631,500 11.92%
TSX-V: CMS
Esperanza Resource Corp. 5,606,500 9.83% 400,000 10.46%
TSX-V: EPZ
Eurasian Minerals Inc. 4,961,135 13.50% 283,700 14.16%
TSX-V: EMX
Golden Arrow Resources Corp. 4,142,500 11.60% 0 -
TSX-V: GRG
Highbury Projects Inc. 980,000 11.17% 0 -
TSX-V: HPI
Inca Pacific Resources Inc. 8,794,000 15.53% 0 -
TSX-V: IPR
Kobex Minerals Inc. 8,208,393 17.85% 0 -
TSX-V & AMEX: KXM
Papuan Precious Metals Corp. 4,166,667 7.75% 4,872,897 15.42%
TSX-V: PAU
Spur Ventures Inc. 10,893,000 18.18% 0 -
TSX: SVU
Strategic Metals Ltd. 8,500,000 10.91% 0 -
TSX-V: SMD
Western Uranium Corp. 6,000,000 10.02% 0 -
TSX-V: WUC
The Rule Family Trust had previous filed early warning reports withvarious Canadian securities commissions in respect ofits acquisition of more than 10 per cent of the shares (on a partiallydiluted basis) of such companies. The trust has now filed early warningreports in respect of this material change to the information in suchreports.Copies of the reports may be obtained from SEDAR or without charge fromthe Rule Family Trust.