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White Metal Resources Corp. Announces That Dr. Elliot Strashin Has Acquired More than 12% of the Outstanding Common Shares
Thunder Bay, Ontario--(Newsfile Corp. - June 21, 2022) - White Metal Resources Corp. (TSXV: W...
About this update from Thunder Gold Corp.
[{"type":"text","content":"White Metal Resources Corp. Announces That Dr. Elliot Strashin Has Acquired More than 12% of the Outstanding Common SharesThunder Bay, Ontario--(Newsfile Corp. - June 21, 2022) - White Metal Resources Corp. (TSXV: WHM) (FSE: CGK1) (OTC Pink: TNMLF) (\"White Metal\" or the \"Company\") announces that on June 20, 2022, Dr. Elliot Strashin (\"Strashin\"), purchased through the TSX Venture Exchange, a total of 253,000 common shares of the Company triggering a regulatory requirement to file an Early Warning Report and issue a news release.Immediately prior to the purchase of securities described above, Strashin owned 17,670,957 common shares, representing an approximately 11.997 per-cent interest in the Company on an undiluted basis. Immediately following the transaction that triggered the requirement to file this news release, Strashin and his joint actors own 17,923,957 common shares, representing an approximately 12.17 per-cent interest in the Company on an undiluted basis.Strashin holds the shares of the Company for investment purposes only. Strashin intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Company, subsequent developments affecting the Company or its business, and the general market and economic conditions. Based upon these and other factors, Strashin may decide to purchase or sell securities of the Company.For additional information, an early warning report will be filed on SEDAR. Wesley Hanson CEO647-202-7686THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains \"forward-looking statements\" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be \"forward-looking statements.\"Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-...