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Electrum Gold stake in Carlin Gold set to rise to 34.49% after C$21.5 million unit buy
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Electrum Gold stake in Carlin Gold set to rise to 34.49% after C$21.5 million unit buy
  • Electrum Gold Exploration agreed to buy 16,538,462 units for gross proceeds of USD 21.5 million at USD 1.3 per unit.
  • Electrum currently holds 2,540,465 shares, equal to 8.1% of outstanding shares.
  • Post-closing, Electrum is expected to hold about 34.49% on a non-diluted basis, rising to about 40.03% fully diluted.
  • The stake would make Electrum a control person, triggering shareholder approval at the Oct. 23, 2026 annual meeting.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carlin Gold Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609080901PRIMZONEFULLFEED9822809) on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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