- Eric Sprott has allowed 14M New Age Metals (NAM) warrants to expire unexercised
- This represents a decrease of four per cent in his ownership stake
- He now controls 30.7 per cent of the company on a partially diluted basis
- New Age Metals is focused on the discovery, exploration and development of green metals projects in North America
- New Age Metals (NAM) closed unchanged trading at $0.10 per share
Eric Sprott has allowed 14M New Age Metals (NAM) warrants to expire unexercised.
This represents a decrease of four per cent in his ownership stake.
He now owns and controls 51.5M New Age shares and 18.75M warrants representing 24.5 per cent of the company on a non-diluted basis and 30.7 per cent on a partially diluted basis.
Sprott holds the securities for investment purposes with a long-term view.
New Age Metals is focused on the discovery, exploration and development of green metals projects in North America. It operates divisions in platinum group metals as well as lithium and other rare elements.
New Age Metals (NAM) closed unchanged trading at $0.10 per share.