MAJOR DEVELOPMENT ANNOUNCED AFTER MARKET CLOSINGFlying Nickel investor Oracle sells 5.5M shares 2024-05-21 13:02 ET - News Release
Mr. Anthony Garson, of Oracle, reports
ORACLE COMMODITY PROVIDES EARLY WARNING DISCLOSURE WITH RESPECT TO SECURITIES OF FLYING NICKEL
Oracle Commodity Holding Corp. has disposed of 5.5 million common shares of Flying Nickel Mining Corp. through a private sale.
The disposition represents 31.87 per cent of the common shares in Flying Nickel held by Oracle. The deemed value of the disposition was 14.5 cents per share for a total deemed value of $797,500. Immediately prior to the disposition,
Oracle held 17,258,645 Flying Nickel shares, representing in total
approximately 19.6 per cent of the outstanding Flying Nickel shares.
Immediately following the completion of the disposition,
Oracle holds 11,758,645 Flying Nickel shares, representing approximately 13.35 per cent of the outstanding Flying Nickel shares. Oracle originally acquired the Flying Nickel shares described in this news release for investment purposes and disposed of Flying Nickel shares described in this news release for investment purposes. In accordance with applicable securities laws, Oracle may, from time to time and at any time, acquire additional shares and/or other equity, debt, or other securities or instruments of Flying Nickel in the open market or otherwise, and Oracle reserves the right to dispose of any or all of its securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, depending on market conditions, the business and prospects of Flying Nickel, Oracle's portfolio of investment assets, and other factors relevant to the business decisions of Oracle.
A copy of the early warning report has been filed under Flying Nickel's profile on SEDAR+.
For more information,
contact Anthony Garson, chief executive officer of Oracle. Early warning disclosure with respect to securities of Nevada Vanadium
Oracle has acquired 6.5 million common shares in the capital of Nevada Vanadium, representing 47.34 per cent of the common shares of Nevada Vanadium held by Oracle.
The deemed value of the acquisition was 14.5 cents per share for a total deemed value of $942,500. Immediately prior to the acquisition, Oracle held 24,691,848 Nevada Vanadium shares, representing in total
approximately 37.47 per cent of the outstanding Nevada Vanadium shares.
Immediately following the completion of the acquisition, Oracle holds 31,191,848 Nevada Vanadium shares, representing
approximately 47.34 per cent of the outstanding Nevada Vanadium shares.
Oracle acquired the Nevada Vanadium shares described in this news release for investment purposes. In accordance with applicable securities laws, Oracle may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of Nevada Vanadium in the open market or otherwise, and Oracle reserves the right to dispose of any or all of its securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of Nevada Vanadium, Oracle's portfolio of investment assets, and other factors relevant to the business decisions of Oracle.
A copy of the early warning report has been filed on SEDAR+.
For more information contact Mr. Garson. © 2024 Canjex Publishing Ltd. All rights reserved.
https://www.stockwatch.com/News/Item/Z-C!FLYN-3554626/C/FLYN Flying Nickel investor Motz acquires 5.5M shares 2024-05-21 13:02 PT - News Release
Mr. Ronny Motz, an investor, reports EARLY WARNING PRESS RELEASE
Ronny Motz, pursuant to a private share transaction and purchases in the public markets, as of May 16, 2024, controls 10 per cent or more of the common shares of Flying Nickel Mining Corp. On May 16, 2024, Mr. Motz acquired 5.5 million Flying Nickel shares pursuant to a private sale. As consideration, Mr. Motz disposed of 6.5 million common shares of Nevada Vanadium Mining Corp. The deemed value of the disposition was 14.5 cents per share for a total deemed value of $797,500. The company currently has 88,064,805 shares and 7,152,150 share purchase warrants issued and outstanding. Mr. Motz currently controls 11,892,741 shares, representing approximately 13.50 per cent of the outstanding shares on a non-diluted basis and approximately 12.49 per cent on a fully diluted basis. Mr. Motz acquired the shares for investment purposes and he may from time to time increase or decrease his ownership or control of securities of the company depending on market conditions and/or other relevant factors.
A copy of the early warning report in respect of this transaction has been filed under the company's profile on SEDAR+. For more information, or to obtain a copy of the early warning report, please contact
Mr. Motz at ronmotz@icloud.com.
Pursuant to a disposition of securities by private sale, as of May 16, 2024, Mr. Motz's ownership interest in the common shares of Nevada Vanadium has decreased below a 10-per-cent controlling interest.
On May 16, 2024, Mr. Motz disposed of 6.5 million shares of in a private transaction.
This represents a change of 9.87 per cent in Mr. Motz's shareholdings in Nevada Vanadium.
As consideration, Mr. Motz received 6.5 million common shares of Flying Nickel Mining. The deemed value of the disposition was 14.5 cents per share for a total deemed value of $942,500.
The company currently has 65,893,359 shares and 10,823,139 share purchase warrants issued and outstanding. Mr. Motz currently controls 2,484,844 shares, representing approximately 3.77 per cent of the outstanding shares on a non-diluted basis and approximately 3.24 per cent on a fully diluted basis.
Mr. Motz disposed of the shares for investment purposes. Mr. Motz may from time to time increase or decrease his ownership or control of securities of the company depending on market conditions and/or other relevant factors.
A copy of the early warning report has been filed on SEDAR+.
For more information or to obtain a copy of the early warning report, please contact Mr. Motz.
This news release has been issued pursuant to Multilateral Instrument 62-104, Take-Over Bids and Issuer Bids, and National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
© 2024 Canjex Publishing Ltd. All rights reserved.