Northwire Canada EditionTuesday, July 28, 2026
Northwire
RIO 2.62 −3.1% GEN 0.070 +0.0% MAI 4.38 −2.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.165 +6.5% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.290 −3.3% HMR 0.550 +1.9% NRC 0.900 −10.0% SIG 0.920 +0.0% LMR 0.115 +53.3% XTM 0.065 +0.0% CRG 0.215 −2.3% RIO 2.62 −3.1% GEN 0.070 +0.0% MAI 4.38 −2.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.165 +6.5% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.290 −3.3% HMR 0.550 +1.9% NRC 0.900 −10.0% SIG 0.920 +0.0% LMR 0.115 +53.3% XTM 0.065 +0.0% CRG 0.215 −2.3%
Financings

Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Cascadia Minerals Ltd.

CAM · Price

Executive Summary

  • Michael Gentile filed an early warning report disclosing his acquisition of 6,666,666 charity flow‑through (CFT) units in Cascadia Minerals Ltd.
  • Each CFT unit consists of one common share and half of a purchase warrant exercisable at $0.20 per share through 22 Dec 2028.
  • Post‑acquisition, Gentile’s holdings increase to approximately 8.36% (undiluted) / 13.10% (partially diluted) of Cascadia’s outstanding common shares.

Key Details

  • Acquisition size: 6,666,666 CFT units (each = 1 common share + ½ warrant).
  • Warrant terms: Right to acquire one additional common share at an exercise price of $0.20 per share; exercisable until 22 Dec 2028.
  • Pre‑acquisition holdings: 8,075,500 common shares, 6,052,394 warrants, 200,000 stock options (≈5.16% undiluted, ≈8.81% partially diluted).
  • Post‑acquisition holdings: 14,742,166 common shares, 9,385,727 warrants, 200,000 stock options (≈8.36% undiluted, ≈13.10% partially diluted).
  • Purpose of acquisition: Investment; Gentile may buy or sell additional securities in the future based on market conditions and strategic considerations.
  • Reporting: Early warning report filed with SEDAR+; contact Michael Gentile at (514) 591‑4227 for further information.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Cascadia Minerals Ltd.