Significant Stake Acquired in Solstice Gold Corp by Gentile
Michael Gentile Takes Major Step in Solstice Gold Corp Ownership
Michael Gentile, the notable investor, has made headlines with his recent acquisition of common shares in Solstice Gold Corp. This strategic decision reflects his ongoing commitment to the company and its future potential.
Details of the Acquisition
On a notable date, Gentile acquired 9,926,000 common shares of Solstice Gold Corp, which translates into a significant percentage of the company's outstanding shares. The breakup of this acquisition includes 7,060,000 shares purchased at $0.01 each and 2,866,000 shares at $0.015. The total amount spent on this acquisition was approximately $113,590. Through this transaction, Gentile now controls 34,785,666 common shares, which account for about 16.76% of the total shares issued and outstanding.
Investment Intentions Behind the Acquisition
This acquisition was conducted primarily for investment purposes, showcasing Gentile's belief in the potential of Solstice Gold Corp. The investor's strategy could shift based on market dynamics; hence, he may consider increasing or decreasing his holdings in the company over time. His proactive approach highlights the importance of continuously evaluating investment opportunities.
Market Position and Trading Information
The common shares of Solstice Gold Corp are actively traded on the TSX Venture Exchange, identified by the trading symbol “SGC.” This platform allows investors to track and assess market trends and performance effectively. Gentile's recent moves are likely to stir interest among investors, given his increasing stake in the company.
Future Prospects for Solstice Gold
As we look towards the future, Solstice Gold Corp finds itself positioned for potential growth. The company's strategic initiatives and market activities could present numerous opportunities. Investors, including Gentile, are keenly watching its developments and upcoming projects, which may influence share value and investment strategies going forward.
Contact Information
For further insights into the acquisition or details regarding investment opportunities, interested parties can reach out to Michael Gentile directly at (514) 591-4227. Additionally, comprehensive details regarding the acquisition are available on SEDAR.
Company Headquarters
Solstice Gold Corp’s main office resides at Suite 1020, 800 West Pender Street, Vancouver, BC V6C 2V6, positioning it strategically within the province's economic space.
Frequently Asked Questions
What is the significance of Michael Gentile's acquisition?
The acquisition illustrates Gentile's firm belief in the potential of Solstice Gold Corp, enhancing his influence within the company.
How many shares does Michael Gentile now hold?
Following the acquisition, Gentile now holds a total of 34,785,666 common shares, representing 16.76% of Solstice Gold Corp.
Where are Solstice Gold Corp shares traded?
The shares are listed on the TSX Venture Exchange under the symbol “SGC.”
What are the future implications for Solstice Gold Corp?
With growing interest from significant investors, Solstice Gold could pursue further strategic initiatives that may enhance its market position and share value.
How can one find more information about the acquisition?
Additional details can be found on SEDAR or by contacting Michael Gentile directly.
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