Northwire Canada EditionWednesday, July 29, 2026
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M&A / Property

Alset AI investor Gilling corrects shareholdings

GPUS · Price

Executive Summary

  • Mr. Randy Gilling acquired 1,807,153 common shares of Alset AI Ventures Inc. at C$0.13 per share for a total consideration of $234,929.89.
  • The purchase increased his beneficial ownership from ~9.66 % to ~10.82 % of the issued and outstanding common shares on a non‑diluted basis, crossing the 10 % threshold that triggers an early‑warning filing.
  • The shares are being held for long‑term investment; no convertible securities were acquired.

Key Details

  • Acquisition date: September 26, 2025.
  • Shares purchased: 1,807,153 common shares.
  • Purchase price: C$0.13 per share (aggregate consideration $234,929.89).
  • Pre‑acquisition ownership (including any joint actors): 14,976,373 shares, representing ≈9.66 % of the non‑diluted outstanding common shares.
  • Post‑acquisition ownership (including any joint actors): 16,783,526 shares, representing ≈10.82 % of the non‑diluted outstanding common shares.
  • No securities convertible into common shares were obtained.
  • Shares were acquired through various purchase transactions on the TSX Venture Exchange facilities.
  • The acquirer states the holdings are for investment purposes with a long‑term view, and may adjust ownership in the future subject to market conditions and applicable securities laws.
  • An early‑warning report will be filed on SEDAR+ and is available upon request via [email protected].

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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