Subject: Press Releases for Dissemination
PDF Document
File: Attachment Press Release - David De Witt - April 2025.pdf
NEWS RELEASE EARLY WARNING REPORT ISSUED PURSUANT TO NI 62-103
DISPOSITION OF SECURITIES OF COPPER STANDARD RESOURCES INC.
April 3, 2025
VANCOUVER, CANADA - On April 3, 2025, David De Witt (the "Transferor") disposed of an aggregate
of 4,000,000 Common Shares of Copper Standard Resources Inc. (the "Company") to four third parties by
way of bona fide gifts. (the "Disposition").
Prior to the Disposition, the Transferor directly owned 9,788,200 Common Shares and 200,000 warrants,
representing approximately 18.95% of the total issued and outstanding Common Shares on a non-diluted
basis and approximately 19.26% of the total issued and outstanding Common Shares on a fully diluted
basis.
The Transferor owns an additional 183,333 Common Shares and 300,000 stock options via Pathway Capital
Ltd., a company jointly held by the Transferor.
After giving effect to the Disposition, the Transferor has direct ownership of 5,788,200 Common Shares
and 200,000 warrants, representing approximately 11.21% of the total issued and outstanding Common
Shares on a non-diluted basis and approximately 11.55% of the total issued and outstanding Common
Shares on a fully diluted basis
The common shares were disposed of for investment purposes only and not for the purpose of exercising
control or direction over the Company. The Transferor may, from time to time, increase or decrease his
shareholding or continue to hold common shares of the Company as he may determine appropriate in the
normal course of investment activity. In the future, the Transferor may, directly or indirectly, acquire
additional common shares of the Company or dispose of such shares subject to a number of factors,
including, without limitation, general market and economic conditions and other investment and business
opportunities available.
A copy of the Early Warning Report to be filed by the Transferor will be available on SEDAR+ under the
Company's profile on www.sedarplus.ca. This early warning news release is issued under the early warning
provisions of Canadian securities legislation, including National Instrument 62-104 - Take-Over Bids and
Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this news release nor have they approved nor disapproved the content thereof.
PDF Document
File: Attachment Press Release - EWR - Marcel de Groot.pdf
NEWS RELEASE EARLY WARNING REPORT ISSUED PURSUANT TO NI 62-103
ACQUISITION OF SECURITIES OF COPPER STANDARD RESOURCES INC.
April 3, 2025
VANCOUVER, CANADA - On April 3, 2025, Marcel de Groot (the "Acquiror"), announced today
that he has acquired direct ownership of 3,400,000 common shares (the "Common Shares") of
Copper Standard Resources Inc. (the "Company"), representing approximately 6.58% of the total
issued and outstanding shares of the Company (the "Acquisition").
Prior to the Acquisition, the Acquiror directly owned 5,404,848 Common Shares, 333,333 stock
options and 2,271,744 warrants, representing approximately 10.46% of the total issued and
outstanding Common Shares on a non-diluted basis and approximately 14.76% of the total issued
outstanding Common Shares on a fully diluted basis. After giving effect to the Acquisition, the
Acquiror has direct ownership of 8,804,848 Common Shares, representing approximately 17.04%
of the total issued and outstanding Common Shares on a non-diluted basis and approximately
21.03% of the total issued and outstanding Common Shares on a fully diluted basis.
The Acquiror owns an additional 183,333 Common Shares and 300,000 stock options via Pathway
Capital Ltd., a company jointly held by the Acquiror.
The common shares were acquired for investment purposes only and not for the purpose of exercising
control or direction over the Company. The Acquiror may, from time to time, increase or decrease his
shareholding or continue to hold common shares of the Company as he may determine appropriate
in the normal course of investment activity. In the future, the Acquiror may, directly or indirectly,
acquire additional common shares of the Company or dispose of such shares subject to a number of
factors, including, without limitation, general market and economic conditions and other investment
and business opportunities available.
A copy of the Early Warning Report to be filed by the Acquiror will be available on SEDAR+ under
the Company's profile on www.sedarplus.ca. This early warning news release is issued under the
early warning provisions of Canadian securities legislation, including National Instrument 62-104 -
Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this news release nor have they approved nor disapproved the content
thereof.
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