WHITEHORSE, Oct. 7, 2019 /CNW/ - James Allan Coyne announces that following his
purchase of 54,000 common shares of Copper North Mining Corp on
10th April 2019 at
$0.065 for a total purchase price of
CAD 3,510 through the facilities of
the TSX Venture Exchange he had direct and controlled holdings of
8,321,141 Common Shares and 375,000 warrants. This holding
represented approximately 9.7 % pre and 10.2% post execution of the
85,900,413 issued and outstanding common shares.
Subsequent to this date he directly acquired an additional
47,000 common shares at prices between $0.07 and $0.06
between 12th April 2019 and
24th April 2019.
As a result of these transactions he directly or indirectly
holds 8,368,141 Common shares of the Issuer and 375,000 warrants,
representing approximately 9.7% pre and 10.2% post exercise of the
85,900,413 issued and outstanding common shares.
As a result of inadvertence on the part of Mr James Coyne and due to unfamiliarity with
Canadian securities laws, news releases and early warning reports
required by applicable securities legislation to be filed for the
above, were not undertaken at the time.
James Coyne has acquired the
Common Shares of the Issuer for investment purposes and may,
depending on market and other conditions, increase or decrease his
beneficial ownership, control or direction over the Common Shares
or other securities of Copper North Mining Corp, through market
transactions, private agreements, exercise of convertible
securities or otherwise.
An early warning report reflecting the above-noted acquisitions
of Common shares has now been filed, a copy of which has been sent
to the company and is available on SEDAR at www.sedar.com.
In accordance with applicable securities legislation, Mr
James Allen Coyne has filed insider
trading reports via the System for Electronic Disclosure by
Insiders (SEDI) for all transactions involving Common Shares during
the period in which he has been an insider of the company.
Copper North Mining Corp is listed on the TSX Ventures Exchange
("COL") and has its head office at Suite 112-1095 West Pender
Street, Vancouver, British
Columbia V6E 2M6.
SOURCE Bennett Jones Services Limited Partnership