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Eric Sprott's company exercises warrants to buy 13.6M Silver Storm Mining shares, raising his stake to 11.9%.

Market News
07 Apr 2026
Newsfile Corp
View Source
Neutral
pluang ai news

Eric Sprott's company, 2176423 Ontario Ltd., exercised 13,636,364 warrants to purchase Silver Storm Mining shares at $0.16 each, investing about $2.18 million. This increased Sprott's direct ownership to 95,768,929 shares, or roughly 11.9% of the company on a non-diluted basis. The move triggered an update to the early warning report due to a more than 2% change in partially diluted ownership. Sprott holds the shares for investment with a long-term outlook and may buy or sell more shares in the future depending on market conditions.

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