10:18:17 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Callinan Royalties Corp
Symbol CAA
Shares Issued 49,164,588
Close 2014-10-30 C$ 1.67
Market Cap C$ 82,104,862
Recent Sedar Documents

Callinan issues 60,000 shares to Butler

2014-10-31 14:40 ET - News Release

Mr. Roland Butler reports

Callinan Royalties Corp. has redeemed 60,000 restricted share units previously granted to Roland Butler of Laurenceton, Nfld., pursuant to the terms of the Callinan restricted share unit plan, which has resulted in the issuance to Mr. Butler of an aggregate of 60,000 common shares from the treasury of Callinan, representing approximately 0.001 per cent of Callinan's issued and outstanding common shares. Together with Mr. Butler's existing shareholdings in Callinan, Mr. Butler now holds an aggregate of 3,125,000 common shares of Callinan representing an aggregate of 6.35 per cent of Callinan's 49,164,588 issued and outstanding common shares.

Mr. Butler is deemed to have control and direction over an aggregate 5,125,000 common shares of Callinan, represented by the aforementioned 3,125,000 common shares, which he beneficially owns, and an aggregate of two million share purchase warrants held by Mr. Butler, which if exercised in full will result in the issuance of an aggregate of two million common shares. In the event that Mr. Butler exercises the warrants in full, Mr. Butler would have control and direction over 10.005 per cent of Callinan's issued and outstanding common shares on an undiluted basis.

The common shares were acquired for investment purposes only. Mr. Butler intends to evaluate these holdings, and to increase or decrease his investment in Callinan as circumstances warrant.

A copy of the early warning report respecting this acquisition will be filed with the British Columbia and Alberta securities commissions, and will be available for viewing on SEDAR under Callinan's profile.

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