Mr. Wares, ChairmanBusy guy, on many boards, hatching new Osisko Metals zinc play. He seems to go with the winners, like Beaufield!
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Osisko Metals director Wares acquires 252,000 shares
2017-07-21 11:36 ET - News Release
Mr. Robert Wares reports
ROBERT WARES DISCLOSES HOLDINGS IN OSISKO METALS INCORPORATED
Osisko Metals Inc. director Robert Wares, pursuant to a subscription agreement dated July 18, 2019, between Mr. Wares and the company, has acquired 252,000 common shares of the company by way of a private placement. Pursuant to the terms and conditions of the subscription agreement, Mr. Wares paid 90 cents per acquired share for an aggregate acquisition cost of $226,800. The transaction formed a part of a private placement by the company on July 18, 2017, of a total of (i) 31,562,500 units, each unit consisting of one common share of the company and one-half of one common share purchase warrant, and (ii) 3,883,333 common shares (including the acquired shares).
Immediately prior to the closing of the transaction and the private placement, Mr. Wares beneficially owned 4,754,167 common shares, options to purchase 333,333 common shares and warrants to purchase 500,000 common shares, representing beneficial ownership of, or the right to acquire beneficial ownership of, a total of 5,587,500 (assuming the full exercise of all the options and warrants) or approximately 17.93 per cent of the issued and outstanding common shares (on a partially diluted basis after giving effect to the full exercise of all options and warrants).
Upon the closing of the transaction and the private placement, Mr. Wares beneficially owns 5,006,167 common shares, 333,333 options and 500,000 warrants, representing beneficial ownership of, or the right to acquire beneficial ownership of, a total of 5,839,500 common shares (assuming the full exercise of all the options and warrants), or approximately 8.77 per cent of the issued and outstanding common shares (on a partially diluted basis after giving effect to the full exercise of all options and warrants).