In a notable update from the British Columbia Securities Commission, Stan Bharti, recognized as the Acquiror, has clarified his ownership position in Q-Gold Resources Inc. This announcement follows the recent submissions to the System for Electronic Disclosure by Insiders (SEDI).
Currently, Mr. Bharti holds a total of 11,753,526 common shares of Q-Gold, without any warrants and 2,000,000 options. His shares represent approximately 7.14% of the total outstanding shares on a non-diluted basis and 8.36% on a partially-diluted basis.
His holdings include shares acquired through various entities, including Forbes & Manhattan Inc. and two Ontario corporations, 2437357 Ontario Inc. and 2051580 Ontario Inc., where he has trading authority.
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Investment intentions and future actions
Mr. Bharti’s acquisition of these shares is primarily for investment purposes. He may adjust his portfolio by acquiring additional securities of Q-Gold or by selling portions of his current holdings in the future.
Contact information for further inquiries
Investors or interested parties seeking more details about his ownership or recent transactions can contact Mr. Bharti directly at 416-861-5933.
Overview of Q-Gold Resources Inc.
Q-Gold Resources Inc. operates within the mineral exploration sector, focusing on advancing its gold and silver projects in North America. The company is dedicated to responsible mining practices and aims to strategically develop its assets in regions favorable for mineral exploration.
With shares traded on multiple exchanges, including the TSX Venture Exchange, Q-Gold is focused on maximizing its market presence and enhancing shareholder value. The firm’s flagship projects, such as the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario, highlight its robust exploration initiatives.
Investor relations strategy
To enhance its visibility and outreach to potential investors, Q-Gold Resources has recently engaged IRPub, a marketing and investor relations firm. This partnership aims to elevate the company’s profile through targeted marketing campaigns and promotional activities. The agreement, established on February 3, , represents a financial commitment of US$150,000 for a duration of three to four months.
IRPub operates independently of Q-Gold and, as of this announcement, holds no ownership stake in the company. This initiative is pending approval from the TSX Venture Exchange and reflects Q-Gold’s proactive approach to investor engagement.
Stan Bharti’s recent disclosures about his investment in Q-Gold Resources Inc. illuminate his significant stake in the company and emphasize his commitment to its future. As Q-Gold pursues its strategic goals and works to strengthen its market position, stakeholders will closely monitor ongoing developments in the company’s investor relations and project advancements.
For further information regarding Q-Gold’s operations or Stan Bharti’s holdings, stakeholders are encouraged to utilize the provided contact avenues.
