2176423 Ontario Ltd.

Recent News

Eric Sprott Announces Holdings in Wallbridge Mining

Toronto, Ontario--(Newsfile Corp. - October 1, 2018) - Eric Sprott and Lonmin PLC jointly announce that after close of trading on the Toronto Stock Exchange on September 28, 2018, Eric Sprott agreed to purchase (through his holding company, 2176423 Ontario Ltd.), by way of a private agreement, 24,042,895 outstanding common shares (representing approximately 6.8% of the outstanding shares) of Wallbridge Mining Company Limited held by Lonmin PLC (through its wholly-owned subsidiary 6529241...

2018-10-01 7:38 AM EDT

Eric Sprott Announces Holdings in RNC Minerals

Toronto, Ontario--(Newsfile Corp. - September 20, 2018) - Eric Sprott announces that today he purchased (through his holding company, 2176423 Ontario Ltd.) over the Toronto Stock Exchange, 561,000 common shares (representing approximately 0.1% of the outstanding shares) of Royal Nickel Corporation (doing business as RNC Minerals). The shares were purchased at $0.4284 per share for total consideration of $240,332. This press release is being issued pursuant to Canadian early warning...

2018-09-20 4:49 PM EDT

Eric Sprott Announces Expiration of Warrants

Toronto, Ontario--(Newsfile Corp. - August 31, 2018) - Eric Sprott announces the following common share purchase warrant ("Warrant") expirations that resulted in a partially diluted beneficial ownership change of greater than 2% and the filing of early warning reports. Latin American Minerals Inc. ("LAT") On July 7, 2018 and July 18, 2018, a total of 25,000,000 Warrants expired unexercised representing approximately 10.2% of the outstanding common shares on a partially diluted basis. Prior to...

2018-08-31 4:35 PM EDT

Eric Sprott Announces Voting Support Agreement with Respect to Ascot Resources Ltd.'s Proposed Acquisition of Jayden Resources Inc.'s Subsidiary, Jayden Resources (Canada) Inc.

Toronto, Ontario--(Newsfile Corp. - August 17, 2018) - Further to the press release of Jayden Resources Inc. ("Jayden") dated August 13, 2018, Eric Sprott announces that 2176423 Ontario Ltd. ("2176423 Ontario"), his holding company, has entered into a voting support agreement with Jayden and Ascot Resources Ltd. ("Ascot") in connection with Ascot's proposed acquisition (the "Transaction") of all of the shares of Jayden's subsidiary, Jayden Resources (Canada) Inc., in exchange for Ascot common...

2018-08-17 10:06 AM EDT

Eric Sprott Announces Support Agreement with Respect to Proposed Plan of Arrangement Between Metanor Resources Inc. and Bonterra Resources Inc.

Toronto, Ontario--(Newsfile Corp. - June 18, 2018) - Further to the press release of Bonterra Resources Inc ("Bonterra") dated June 18, 2018, Eric Sprott announces that he has entered into a support agreement with Bonterra in connection with its proposed acquisition of all of the outstanding common shares ("Shares") of Metanor Resources Inc. ("Metanor") that Bonterra does not already own, by way of a plan of arrangement. Mr. Sprott owns and controls 12,126,800 Shares and 5,128,500 warrants to...

2018-06-18 5:53 PM EDT

Eric Sprott Announces Investment in Garibaldi Resources

Toronto, Ontario--(Newsfile Corp. - May 7, 2018) - Eric Sprott announces that on May 4, 2018, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 2,167,000 common shares of Garibaldi Resources Corp. pursuant to two private agreements at a price of $2.40 per share for total consideration of $5,200,800 (the "Acquisition"). The Acquisition represents approximately 2.03% of the outstanding shares on a non-diluted basis and approximately 1.95% on a partially diluted...

2018-05-07 7:46 AM EDT

Eric Sprott Announces Investment in Garibaldi Resources

Toronto, Ontario--(Newsfile Corp. - April 5, 2018) - Eric Sprott announces that today 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 1,000,000 common shares of Garibaldi Resources Corp. pursuant to two private agreements at a price of $2.50 per share for total consideration of $2,500,000 (the "Acquisition"). These 1,000,000 shares, together with the shares previously acquired by 2176423 Ontario through open market purchases since December 21, 2017, being the...

2018-04-05 9:00 PM EDT

Eric Sprott Announces Holdings in Sprott Inc.

Toronto, Ontario--(Newsfile Corp. - March 29, 2018) - Eric Sprott announces that he holds and controls, indirectly (through his holding company, 2176423 Ontario Ltd. and The Sprott Foundation), 25,048,678 common shares (shares) of Sprott Inc., representing approximately 9.99% of the outstanding shares. This press release is being issued pursuant to Canadian early warning requirements because the sale of shares, described below, combined with Sprott Inc.'s treasury issuances of shares, has...

2018-03-29 5:00 PM EDT

Eric Sprott Announces Holdings in Bonterra Resources Inc.

Toronto, Ontario--(Newsfile Corp. - March 23, 2018) - Eric Sprott announces that he holds, indirectly (through his holding company, 2176423 Ontario Ltd.), 17,044,500 common shares (shares) of Bonterra Resources Inc., representing approximately 7.52% of the outstanding shares. This press release is being issued pursuant to Canadian early warning requirements because the sale of shares, as described below, combined with Bonterra Resources' various treasury issuances, has resulted in Mr....

2018-03-23 4:37 PM EDT

Eric Sprott Announces Holdings In RNC Minerals

Toronto, Ontario--(Newsfile Corp. - January 26, 2018) - Eric Sprott announces that between January 19 and January 25, 2018, he sold (through his holding company, 2176423 Ontario Ltd.) over the Toronto Stock Exchange, 5,151,500 common shares (representing approximately 1.67% of the outstanding shares) of Royal Nickel Corporation (doing business as RNC Minerals). The shares were sold at an average price of approximately $0.3447 per share for total consideration of $1,775,814. This press release...

2018-01-26 7:45 AM EST

Eric Sprott Announces Investment in Garibaldi Resources

Toronto, Ontario--(Newsfile Corp. - December 21, 2017) - Eric Sprott announces that, between November 9, 2017 and December 21, 2017, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 2,782,300 common shares of Garibaldi Resources Corp. through the facilities of the TSX Venture Exchange (representing in total approximately 2.9% of the outstanding shares on a non-diluted basis and 2.7% on a partially diluted basis assuming exercise of all warrants of...

2017-12-21 4:35 PM EST

2176423 Ontario Ltd. Announces Investment in Jaguar Mining Inc.

Toronto, Ontario--(Newsfile Corp. - October 16, 2017) - 2176423 Ontario Ltd. announces that today it purchased 5,000,000 common shares ("Shares") of Jaguar Mining Inc. ("Jaguar") pursuant to a private agreement at a price of $0.27 per Share for total consideration of $1,350,000. 2176423 Ontario Ltd. is beneficially owned by Eric Sprott. The 5,000,000 Shares represent approximately 1.5% of the issued and outstanding Shares of Jaguar on a non-diluted basis. These Shares, together with the...

2017-10-16 5:09 PM EDT

Eric Sprott Announces Investment in Novo Resources Corp.

Toronto, Ontario--(Newsfile Corp. - October 5, 2017) - Eric Sprott announces that, between August 15, 2017 and September 29, 2017, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 1,208,500 common shares of Novo Resources Corp. over the TSX Venture Exchange and 2,772,000 common share purchase warrants pursuant to a purchase and sale agreement (representing in total approximately 0.8% of the outstanding shares on a non-diluted basis and 2.6% on a...

2017-10-05 10:32 AM EDT

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