05:19:58 EDT Sat 31 Oct 2026
Enter Symbol
or Name
USA
CA



Northern Lights Resources Corp (2)
Symbol NLR
Shares Issued 72,143,704
Close 2026-10-30 C$ 0.09
Market Cap C$ 6,492,933
Recent Sedar+ Documents

Northern Lights amends securities held by Gillis

2026-10-31 04:13 ET - News Release

Mr. Jeremy Gillis, a shareholder, reports

AMENDED EARLY WARNING PRESS RELEASE - JEREMY GILLIS ANNOUNCES ACQUISITION OF COMMON SHARES OF NORTHERN LIGHTS RESOURCES CORP.

This amended news release is correcting the disclosure of Jeremy Gillis (the acquiror) and his joint actors' securityholdings in the early warning news release dated Sept. 2, 2026, by including previously omitted common share purchase warrants of Northern Lights Resources Corp. The acquisitions of common shares described in the original news release remain unchanged.

On Aug. 17, 2026, 11661728 Canada Inc., a private company controlled by the acquiror, acquired 387,500 common shares of the issuer through the facilities of the Canadian Securities Exchange at a price of eight cents per common share for aggregate consideration of $31,000.

Immediately prior to the acquisition, the acquiror, together with 11661728 Canada and 1302580 B.C. Ltd., each a private company controlled by the acquiror, beneficially owned or exercised control or direction over an aggregate of 6,887,381 common shares, representing approximately 9.55 per cent of the issued and outstanding common shares of the issuer on an undiluted basis.

Following completion of the acquisition, the acquiror and the joint actors beneficially owned or exercised control or direction over an aggregate of 7,274,881 common shares, representing approximately 10.08 per cent of the issued and outstanding common shares of the issuer on an undiluted basis.

Subsequent to the acquisition, on Aug. 21, 2026, 1302580 B.C. acquired an additional 1.2 million common shares through the facilities of the Canadian Securities Exchange at a price of eight cents per common share for aggregate consideration of $96,000.

As of Sept. 2, 2026, the acquiror and the joint actors beneficially owned or exercised control or direction over an aggregate of 8,474,881 common shares, representing approximately 11.75 per cent of the issued and outstanding common shares of the issuer on an undiluted basis. In addition, the acquiror held an aggregate of 1,815,000 stock options of the issuer and 50,000 common share purchase warrants exercisable at 10 cents per common share until Dec. 17, 2028. 1302580 B.C. held an additional 2.9 million common share purchase warrants exercisable at five cents per common share until Feb. 7, 2027.

Assuming the remaining 1,475,000 stock options were exercisable within 60 days of the relevant dates and including approximately 226,667 options under the March 26, 2026, grant that were vested or scheduled to vest within 60 days, the acquiror and the joint actors held approximately 15.03 per cent of the common shares on a partially diluted basis immediately before the acquisition, 15.53 per cent immediately following the acquisition and 17.09 per cent as of Sept. 2, 2026. These calculations are based on 72,143,704 issued and outstanding common shares and assume no intervening changes to share capital.

The acquisition and subsequent acquisition were completed for investment purposes. The acquiror has a long-term view of the investment and may acquire additional securities of the issuer, either on the open market or through private acquisitions, or may sell securities of the issuer on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

An amended early warning report relating to the acquisition will be filed under the issuer's profile on SEDAR+. A copy of the amended early warning report may also be obtained by contacting the acquiror.

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