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Prospector Metals completes return of capital, transferring all Lightning Resource shares to its shareholders.

Company Fundamentals
11 Sep 2026
Newsfile Corp
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Neutral
Prospector Metals completes return of capital, transferring all Lightning Resource shares to its shareholders.

Prospector Metals Corp. has completed a return of capital by distributing its entire 29.4 million shares of Lightning Resource Corp. to its own shareholders, effectively ending its ownership in Lightning. This distribution was made at a deemed price of $0.52 per Lightning share, with fractional shares rounded down. Following the transaction, Prospector holds no shares in Lightning, while B2Gold's stake in Lightning increased to approximately 24.44%. Prospector currently has no plans to reacquire shares but may consider future transactions depending on market conditions. This move allows Prospector to focus on its core exploration projects while Lightning continues advancing its mineral exploration portfolio.

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