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Power One Resources clarifies Rayani's shareholdings

By The Northwire Desk — AI Analysis Feb 03, 2026 · 17:57 PWRO · 0.045 Power One Resources Corp.
PWRO · Price

Executive Summary

  • Power One Resources Corp. issues a clarification regarding the beneficial ownership of common shares reported for insider Karim Rayani.
  • The previously filed management information circulars contained inaccurate holdings; the correct figures are now reflected in SEDI filings.
  • Rayani now holds 1,863,000 common shares directly and 3,297,000 common shares indirectly; all shareholdings are confirmed accurate.

Key Details

  • The clarification follows a review by the British Columbia Securities Commission of circulars filed on Nov. 2 2022 and Nov. 20 2023.
  • Corrected holdings for Karim Rayani: 1,863,000 common shares held directly; 3,297,000 common shares held indirectly.
  • The company states that all represented shareholdings for Mr. Rayani are now accurate.
  • Updated insider and officer filings are available on the System for Electronic Disclosure by Insiders (SEDI).

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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