
Ian McDonald, a significant shareholder in Moon River Moly Ltd., has increased his stake to approximately 9.9% of the company's issued and outstanding common shares on a non-diluted basis, and about 12.22% on a partially diluted basis. This follows a series of stock option vestings and a recent private placement acquisition of 776,470 units, each including a common share and a warrant. The changes reflect McDonald's ongoing investment in the company, which focuses on molybdenum and tungsten mineral projects in British Columbia. This update was disclosed as part of regulatory requirements to inform the market about substantial changes in ownership.