Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Eric Sprott has acquired 863,000 common shares of GoldSpot Discoveries Corp.
  • Mr. Sprott now controls approximately 10.8% of the outstanding common shares
  • GoldSpot Discoveries is a Canadian-based technology company engaged in machine learning
  • GoldSpot Discoveries Corp. opened trading at C$0.84 per share

Eric Sprott has acquired 863,000 common shares of GoldSpot Discoveries Corp.

This acquisition represents approximately 0.9% of the outstanding common shares for aggregate consideration of approximately $714,440.

Mr. Sprott now controls 10,251,332 shares representing approximately 10.8% of the outstanding common shares on a non-diluted basis. 

The common shares were acquired by Mr. Sprott, through 2176423 Ontario for investment purposes.

Mr. Sprott has a long-term view of the investment and may acquire or sell securities of GoldSpot Discoveries on the open market or through private dispositions in the future.

GoldSpot Discoveries is a Canadian-based technology company. The company is engaged in machine learning to reduce capital risk while working to increase efficiencies and success rates in resource exploration and investment. 

GoldSpot Discoveries Corp. opened trading at C$0.84 per share.

More From The Market Herald
FansUnite - CEO, Scott Burton.

" FansUnite (CSE:FANS) reports Q1 2022 financial results

FansUnite (FANS) has filed its interim financial statements for the three months ended March 31, 2022.
Converge Technology Corp - CEO, Shaun Maine

" Converge Technology (TSX:CTS) announces licensing agreement with IBM

Converge Technology (CTS) announced a licensing agreement with IBM to extend its cloud capabilities with Converge Enterprise Cloud on IBM Power for Google
Infinity Stone Ventures - CEO, Zayn Kalyan.

" Infinity Stone (CSE:GEMS) upgrades graphite at Rockstone Graphite Property

Infinity Stone Ventures (GEMS) has successfully upgraded a graphite sample from its Rockstone Graphite Property to 96.1 per cent Cg (graphitic carbon).
Nanalysis (TSXV:NSCI) - Founder & CEO, Sean Krakiwsky.

" Nanalysis (TSXV:NSCI) signs $160M security contract

Nanalysis Scientific (NSCI) has signed a six-year $160 million contract with Canadian Air Transportation Security Authority (CATSA).