Michael Kott Purchases Shares of Pinnacle Silver and Gold Corporation
In a recent development, Michael Kott, the largest shareholder and an insider of Pinnacle Silver and Gold Corp., has announced an increase in his security holding percentage in the company's common shares. This news follows a transaction that took place on July 14, 2025.
Before the transaction, Mr. Kott owned and controlled 10,371,999 shares, representing approximately 12.73% of the then-outstanding shares on a partially diluted basis. This latest move has seen him acquire an additional 800,000 shares in the open market, pushing his stake to approximately 13.72%.
The Early Warning Report, required by applicable securities laws, will be available on the SEDAR+ website and can also be obtained by contacting [email protected]. A copy of the report will also appear on the Company's profile on the SEDAR+ website at www.sedarplus.ca.
The shares were acquired by Mr. Kott for investment purposes. It's important to note that Mr. Kott may choose to increase or decrease his beneficial ownership, control, or direction over shares or other securities of Pinnacle Silver and Gold Corp. based on various factors.
Michael Kott can be contacted at [email protected] for further information. This news release is issued pursuant to the early warning requirements of applicable securities laws.
TheNewswire, via QuoteMedia, has released this news on behalf of Pinnacle Silver and Gold Corp. All rights for this news release are reserved by TheNewswire. The copyright for this news release is owned by TheNewswire.
[1] The specific details of the private placement are not detailed in the available information. For precise figures, additional specific reports or filings from July 15, 2025, would be needed. [2] The specific percentage increase or final holding percentage is not detailed in the available information. For precise figures, additional specific reports or filings from July 15, 2025, would be needed.
In light of the transaction, it is clear that Michael Kott has increased his investment in Pinnacle Silver and Gold Corp's business through the acquisition of additional shares, thereby strengthening his financial stake in the company. The increased holding percentage demonstrates his confidence in the company's future prospects.
