04:18:03 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



New Break Resources Ltd
Symbol NBRK
Shares Issued 57,428,600
Close 2025-04-11 C$ 0.07
Market Cap C$ 4,020,002
Recent Sedar Documents

New Break investor Quigley acquires 2.22 million shares

2025-04-14 20:01 ET - News Release

Mr. William Love reports

EARLY WARNING NOTICE REGARDING THE SECURITIES OF NEW BREAK RESOURCES LTD.

From Sept. 30, 2024, to April 10, 2025, John Ross Quigley, or companies wholly owned by him, made a series of acquisitions in the market, acquiring in the aggregate 2,223,000 common shares in the capital of New Break Resources Ltd.

Prior to the acquisition, Mr. Quigley and Patricia Quigley (collectively the acquiror) beneficially owned or exercised control or direction over 8,346,800 shares, 3,048,000 warrants and 240,000 stock options, representing 16.26 per cent and 21.31 per cent of the outstanding shares of the company on an undiluted and partially diluted basis, respectively. After completion of the acquisition, the acquiror beneficially owns or exercises control or direction over 10,569,800 shares, 3,048,000 warrants and 240,000 options, representing 18.41 per cent and 22.82 per cent of the outstanding shares of the company on an undiluted and partially diluted basis, respectively.

In satisfaction of the requirements of 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, an early warning report respecting the acquisition of securities by the acquiror will be filed under the company's SEDAR+ profile. To obtain a copy of the early warning report filed by the company, please contact Michael Farrant at 416-278-4149 or refer to SEDAR+ under New Break's issuer profile.

The acquisition was completed for investment purposes. Depending on market and other conditions, the acquiror may from time to time in the future increase or decrease the ownership, control or direction over securities of the company, through market transactions, private agreements or otherwise.

About New Break Resources Ltd.

New Break is a proudly Canadian mineral exploration company focused on its Moray gold project, located 49 kilometres south of Timmins, Ont., in a well-established mining camp within proximity to existing infrastructure, 32 kilometres northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. In addition, shareholders remain leveraged to exploration success in Nunavut, one of the most up-and-coming regions in Canada for gold exploration and production, through New Break's 20-per-cent carried interest in the Sundog gold project. The company is supported by a highly experienced team of mining professionals.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.