Mr. Michael Gentile, an investor, reports
MICHAEL GENTILE, CFA ANNOUNCES FILING OF EARLY WARNING REPORT RELATED TO ACQUISITION OF COMMON SHARES OF BIG RIDGE GOLD CORP.
Michael Gentile has filed an early warning report announcing the acquisition of an aggregate of four million common shares in the capital of Big Ridge Gold Corp. Prior to the completion of the acquisition, Mr. Gentile beneficially owned and controlled, directly or indirectly, 10,026,500 common shares and 9.15 million common share purchase warrants, representing approximately 5.05 per cent of the company's issued and outstanding common shares on an undiluted basis, and approximately 9.24 per cent 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 an aggregate of 14,026,5000 common shares and 9.15 million warrants, representing approximately 7.07 per cent of the company's issued and outstanding common shares on an undiluted basis, and approximately 11.17 per cent of the company's issued and outstanding shares 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 from Mr. Gentile at 514-591-4227.
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