Palisades investor Parker acquires 660,000 shares
2024-05-21 20:19 ET - News Release
Mr. Michael Parker, an investor, reports
MICHAEL A. PARKER ACQUIRES SECURITIES OF PALISADES GOLDCORP LTD.
Michael A. Parker has indirectly acquired ownership and control of 660,000 common shares of Palisades Goldcorp Ltd., effective May 21, 2024.
The subject shares were acquired through the facilities of the TSX Venture Exchange and represent approximately 1.4 per cent of all issued and outstanding common shares of the company as of May 21, 2024, resulting in a corresponding change to the aggregate percentage ownership of the company by the acquirer.
Immediately before the acquisition, the acquirer and his joint actors held an aggregate of 7,136,891 shares, representing approximately 14.9 per cent of the issued and outstanding shares, of which the acquirer held 78,960 shares, representing less than 1 per cent of the issued and outstanding shares, and his joint actors held 7,057,931 shares, representing approximately 14.7 per cent of the issued and outstanding shares.
Immediately following the acquisition, the acquirer and his joint actors held 7,796,891 shares, representing approximately 16.2 per cent of the issued and outstanding shares at May 21, 2024, of which the acquirer held 78,960 shares, representing less than 1 per cent of the issued and outstanding shares, and his joint actors held 7,717,931 shares, representing approximately 16.1 per cent of the issued and outstanding shares immediately following the completion of the acquisition.
The subject shares were acquired through the facilities of the TSX Venture Exchange for a price of $2.53333 per share. The holdings of securities of the company by the acquirer are managed for investment purposes, and the acquirer and/or his joint actors could increase or decrease their respective investments in the company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.
Additional information
A copy of the applicable s