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Clear Gold shareholder Ross files amended EWR
Insider Ownership Correction Confirms Stake Amidst AI Pivot and Valuation Anomalies

Executive Summary
- Amended Early Warning Report: Adam Ross filed an amended EWR on May 15, 2026, to correct a clerical error regarding his security holding percentage.
- Ownership Correction: The amendment adjusts the reported ownership from approximately 14.54% (previously announced) down to 12.20% undiluted basis following open market purchases and debt settlement transactions.
- Transaction Details:
- Debt Settlement (Oct 14, 2025): Acquired 2,414,843 shares at $0.06375 per share.
- Open Market Purchase (May 7, 2026): Acquired 28,500 shares for $5,235.
- Warrant Holdings: Ross holds 500,000 warrants alongside common shares; no remaining convertible securities following the May 8 warrant exercise reported in prior filings (News 2).
- Investment Intent: Shares were purchased for investment purposes with intent to adjust holdings based on market conditions.
Material Impact
- Correction of Prior Data: The news serves as a correction to the May 14, 2026 filing which reported a higher stake (14.54%). This reduction in reported ownership percentage is administrative rather than strategic.
- Insider Confidence: Despite the correction, Adam Ross maintains a significant >12% undiluted position, indicating continued confidence and capital commitment at current levels ($95 range).
- Valuation Discrepancy Risk: The debt settlement price of $0.06375 is drastically lower than the current market price of ~$95. This suggests either a massive valuation appreciation since October 2025 or a potential data inconsistency regarding share class/splits not disclosed in the news.
- Investor Name Inconsistency: News Item 1 identifies the investor as "Adam Ross," while News Item 2 identifies him as "Jeremy Ross." This discrepancy raises governance and accuracy concerns that require clarification before material investment decisions are made.
- AI Pivot Context: The news occurs alongside a ViMi IP development agreement (News 3) contingent on $2.5M financing, suggesting the company is pivoting or diversifying into AI technology while maintaining mining assets.
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Company Overview
- Core Business: Clear Gold Resources Inc. appears to be a mining entity (Gold) pivoting or integrating AI technology through the ViMi Labs agreement.
- Flagship Project: The "Clear Gold" project is implied as the core asset, but the strategic focus has shifted towards developing a physical AI operating system via the ViMi partnership.
- Development Stage: Currently in IP development and MVP delivery phase (120-day timeline from March 2026).
- Regulatory Status: Subject to TSX Venture Exchange approval for share issuances; anticipated reactivation transaction to Tier 2 of TSX-V mentioned in News 3.
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May 14, 2026 · 19:24