Black Mammoth Metals Corp V.BMM

Black Mammoth Metals Files Early Warning Report

[Betteryear2]

VANCOUVER, BC, May 3, 2023 /CNW/ - Black Mammoth Metals Corporation (TSXV: BMM) (OTC: LQRCF) ("Black Mammoth" or the "Company") is pleased to announce that through a series of transactions ending on April 19th, 2023, insider Ms. Hollie Henderson increased her common share ownership of Black Mammoth Metals Corp. through the facilities of the TSX Venture Exchange representing 17.7% of the total issued and outstanding common shares of Black Mammoth as of April 19th, 2023. As a result of these transactions, Ms. Henderson held, as of April 19th, 2023, an aggregate of 2,635,725 common shares of Black Mammoth and rights to acquire an additional 800,000 common shares of Black Mammoth upon the exercise of convertible securities (collectively, the "Convertible Securities"). In the event that the Convertible Securities are fully exercised, the holdings of Ms. Henderson represent a total of 3,435,725 common shares of Black Mammoth, or approximately 21% of all issued and outstanding common shares as of April 19th, 2023, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. 

Black Mammoth Metals Files Early Warning Report (newswire.ca)