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M&A / Property

Kelly Ventures CEO Larkin acquires 665,000 shares

KKL · Price

Executive Summary

  • CEO Paul Larkin purchased 665,000 Kelly Ventures Ltd. common shares at C$0.06 per share for a total of $39,900 in a non‑brokered private placement.
  • The acquisition reduced Larkin’s ownership percentage from 28.63 % to 24.25 % of the issued and outstanding common shares.
  • An early‑warning report filed on Oct. 7, 2025 will be posted on SEDAR+; copies are also available upon request from Mr. Larkin.

Key Details

  • Acquisition date: Oct. 6, 2025.
  • Shares acquired: 665,000 common shares.
  • Purchase price: C$0.06 per share, total gross proceeds $39,900.
  • Transaction type: non‑brokered private placement.
  • Pre‑transaction holding: 1,200,000 shares (28.63 % of outstanding).
  • Post‑transaction holding: 1,865,000 shares (24.25 % of outstanding) – a 4.38 % decrease in ownership percentage.
  • Early warning report filed: Oct. 7, 2025, available on SEDAR+ under Kelly Ventures Ltd.’s profile.
  • Contact for copies: Mr. Paul Larkin, 2188 West 53rd Ave., Vancouver, B.C., V6P 1L7; phone 604‑728‑4080.
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