Inturai Ventures investor Pearce acquires 7.88M shares

Executive Summary

• Investor Steven Pearce acquired an additional 7,882,527 common shares of Inturai Ventures Corp. at C$0.20 per share, raising his direct ownership to approximately 14.3% of the outstanding common stock.
• Including two million incentive stock options (exercisable at C$0.05 until Aug. 30, 2029), Pearce’s potentially diluted ownership could reach about 16.1% of the company.
• The acquisition is reported to satisfy Canadian National Instrument 62‑103 early‑warning filing requirements.

Key Details

• Shares Acquired: 7,882,527 common shares at C$0.20 per share.
• Post‑Acquisition Direct Ownership: ~14.3% of issued and outstanding common shares (16,655,915 shares).
• Pre‑Acquisition Direct Ownership: ~7.6% of issued and outstanding common shares (8,773,388 shares).
• Incentive Stock Options Controlled: 2,000,000 options with an exercise price of C$0.05, exercisable through Aug. 30, 2029.
• Potential Diluted Ownership After Acquisition: ~16.1% if all options are exercised immediately (18,655,915 shares).
• Potential Diluted Ownership Before Acquisition: ~9.1% if all pre‑acquisition options were exercised (10,773,388 shares).
• Purpose of Purchase: Investment; Pearce may acquire additional securities, exercise options, or dispose of holdings in the future depending on market conditions.
• Regulatory Filing: Disclosure made pursuant to National Instrument 62‑103 (Early Warning System) of the Canadian Securities Administrators; early‑warning report will be filed on SEDAR+.

Notable Quotes

(No direct quotes were provided in the release.)