Michael Gentile Announces Filing of Early Warning Report Related to Acquisition of Units of Cascadia Minerals Ltd.
Prior to the completion of the Acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, 4,720,500 Common Shares and 2,974,300 Warrants, representing approximately 6.66% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 10.42% of the Company's issued and outstanding Common Shares on a partially diluted basis. Following the completion of the Acquisition, Mr. Gentile beneficially owns and controls, directly or indirectly, an aggregate of 6,506,214 Common Shares and 4,760,014 Warrants, representing approximately 8.95% of the Company's issued and outstanding Common Shares on an undiluted basis and approximately 14.55% of the Company's issued and outstanding on a partially diluted basis.
The Common Shares were acquired for investment purposes. Mr. Gentile has a long-term view of the investment and may acquire additional securities of the Company either on the open market or through private acquisitions or sell the Common Shares on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
For further details relating to the Acquisition, please see the Report, a copy of which is available on SEDAR+, or by contacting Michael Gentile at (514) 591-4227.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBC
33 minutes ago
- CBC
5 years on, HoopQueens basketball league thrives on providing opportunity for female athletes
Five years after its inception, Toronto's first-ever paid women's sports league is witnessing unprecedented success. HoopQueens, which played its inaugural season in 2022, now has 40 athletes across four teams, and hosts games at the University of Toronto — an upgrade from its previous venue at Humber College. The mastermind behind the league, Keesa Koomalsingh, says that this season she's finally sitting back and enjoying all that she's created. "I'm really stepping back and witnessing and really soaking in that this is the impact that we're making," Koomalsingh told CBC Sports. 'The shift is here': HoopQueens founder talks equity in women's basketball 3 hours ago Duration 0:37 "We have built a true, authentic, genuine community that supports and has seen us grow from year one to now year five." The 2025 HoopQueens championship game will stream on CBC Sports Youtube Channel on Sunday at 4:30 p.m. ET The league was initially founded as a way to create opportunities for women to continue their basketball careers following post-secondary education, and has now expanded to offer mentorship and professional development as well. Keeping homegrown basketball talent in Canada as opposed to going overseas to play, is also one of the main pillars of the league. "That's the goal every year," Koomalsingh said. "How do we kind of get better and revolutionize women's basketball and the opportunities that it has here in Canada and across the world?" Time is now for women's basketball A lot has changed in the world of women's sports since the launch of HoopQueens. Women's basketball alone has grown immensely in popularity, both the NCAA and WNBA are seeing increased viewership as big streaming deals improve accessibility and drive popularity. For a grassroots organization that requires funding from donors and sponsors to remain operational, Koomalsingh says the biggest shift she's seen in recent years is in opportunities to receive investment dollars. When the league started in 2022, Koomalsingh says the only goal was to get the players paid, and everyone else involved was volunteering their time. "We're really waking up the industry," Koomalsingh said. "Larger organizations [and] smaller organizations are really starting to pay attention to women's sports and really put their money where their mouth is and support it." Now, some of the league's partners include TikTok, Foot Locker, RedBull, Canada Basketball and the CBC. Toronto a growing women's basketball hub When Koomalsingh heard the news that Toronto would be getting its first WNBA franchise, the Toronto Tempo, she said it was "surreal." "I don't think it's going to feel real until I actually step into the stadium and watch the game," she said. "I'm finally happy that there's another professional league here in Canada, where young girls can see themselves and say, 'Hey, I want to get to that position,' whether it's HoopQueens or Tempo." While the Tempo will be significantly bigger than HoopQueens, there's room for everyone, and both leagues contribute to a greater ecosystem for women's basketball in Canada. "I want to really be a part of a safe space that we're creating as a community. I really think that community aspect is why we're so successful," Koomalsingh said. On Sunday, the HoopQueens 2025 season championship game will take place at 4:30 p.m. ET when the Reign take on the Tide at the Goldring Centre for High Performance Sport. "If you are in the gym itself, the energy is so different, because you're witnessing history, and you're witnessing women go forth in their journey," she said.
CTV News
34 minutes ago
- CTV News
Leasing companies allege Flair failed to make rent payments, ignored default notices
Plane-leasing companies that seized four aircraft from Flair Airlines in 2023 are seeking US$30.9 million in damages from the budget carrier, alleging it failed to make rent payments by deadline and ignored repeated default notices. Flair Airlines captain Ken Symonds inspects the outside of one of the company's Boeing 737 MAX 8 aircraft while parked at a gate at Vancouver International Airport, in Richmond, B.C., on Wednesday, April 17, 2024. THE CANADIAN PRESS/Darryl Dyck
CTV News
an hour ago
- CTV News
Ottawa announces funding for five Alberta carbon capture projects
Minister of Energy and Natural Resources Tim Hodgson participates in a family photo following a cabinet swearing in ceremony at Rideau Hall in Ottawa, on Tuesday, May 13, 2025. THE CANADIAN PRESS/Spencer Colby COCHRANE — Natural Resources Minister Tim Hodgson has announced $21.5 million in federal funding for five Alberta projects that aim to lower the cost of capturing and storing carbon dioxide emissions. The projects are being funded under the Energy Innovation Program, which put out a call for carbon capture, utilization and storage technology proposals. Bow Valley Carbon Cochrane Ltd., a partnership between Inter Pipeline Ltd. and Entropy Inc., is to receive $10 million to add equipment to a gas extraction plant northwest of Calgary that aims to capture emissions equivalent to taking more than 12,000 cars off the road a year. Enbridge Inc. is to get $4 million and Enhance Energy Inc. is to receive $5 million for separate storage hubs in Central Alberta. The remainder of the funds are going toward a project looking to improve analysis technologies and another to test small-scale carbon capture from diesel engines. The announcement comes as uncertainty continues to cloud a $16.5-billion carbon capture project proposed by the Pathways Alliance, a consortium that includes six major oilsands producers. The companies have not made a final investment decision on the project, which would be one of the largest in the world if built, and federal and provincial support remains a question mark. Pathways would capture carbon dioxide emissions from more than 20 oilsands facilities in northern Alberta and transport them 400 kilometres away by pipeline to a terminal in the Cold Lake area in eastern Alberta, where they would be stored in an underground hub to prevent them from entering the atmosphere. Alberta Premier Danielle Smith has pitched a 'grand bargain' where that emissions-cutting project would go ahead in tandem with a new crude oil pipeline to the West Coast, which no company has thus far proposed to build. Ottawa is weighing which projects deemed in the national interest will be subject to a sped-up regulatory review under newly passed federal legislation. --- Lauren Krugel, The Canadian Press This report by The Canadian Press was first published July 4, 2025.
