Northwire Canada EditionThursday, July 30, 2026
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M&A / Property

Copper Giant investor Giustra acquires 5 million shares

CGNT · Price

Executive Summary

  • Frank Giustra, via Fiore Financial Corp. and Sestini & Co. Pension Trustees Ltd., purchased an additional 5,003,500 common shares of Copper Giant Resources Corp. in the public market.
  • His total holdings now equal 19,447,700 common shares and 8,257,200 warrants, representing 13.27 % of issued and outstanding common equity (17.90 % on a partially‑diluted basis).
  • The acquisition pushes Giustra’s ownership above the 2 % reporting threshold, triggering an early‑warning filing under Canadian securities legislation.

Key Details

  • Transactions occurred after Nov. 24 2025 and were executed in the open market.
  • Prior to this purchase Giustra controlled 14,444,200 common shares (9.86 % of issued/outstanding; 14.67 % partially diluted).
  • New total holdings: 19,447,700 common shares + 8,257,200 warrants.
  • Ownership percentages post‑acquisition: 13.27 % of issued and outstanding common shares; 17.90 % on a partially diluted basis.
  • The increase exceeds the 2 % threshold that required filing an early‑warning report (last filed Feb. 15 2024).
  • Giustra states the securities were acquired for investment purposes and may be bought or sold in the future, subject to market conditions.
  • The company will file the accompanying early‑warning report on SEDAR+ as required by Canadian securities law.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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