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Eric Sprott announces holdings in GoldSpot Discoveries Corp. (TSXV:SPOT)

Technology
TSXV:SPOT
28 May 2021 08:45 (EDT)

Eric Sprott has acquired 863,000 common shares of GoldSpot Discoveries Corp.

This acquisition represents approximately 0.9% of the outstanding common shares for aggregate consideration of approximately $714,440.

Mr. Sprott now controls 10,251,332 shares representing approximately 10.8% of the outstanding common shares on a non-diluted basis. 

The common shares were acquired by Mr. Sprott, through 2176423 Ontario for investment purposes.

Mr. Sprott has a long-term view of the investment and may acquire or sell securities of GoldSpot Discoveries on the open market or through private dispositions in the future.

GoldSpot Discoveries is a Canadian-based technology company. The company is engaged in machine learning to reduce capital risk while working to increase efficiencies and success rates in resource exploration and investment. 

GoldSpot Discoveries Corp. opened trading at C$0.84 per share.

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