4/A: Athena Gold Corp. Ownership Update: John D. Gibbs Reports Transactions and Holdings
Ownership Report
John D. Gibbs reports changes in his ownership of Athena Gold Corp., including the acquisition of common stock and warrants.
Summary
- John D. Gibbs filed an ownership report for Athena Gold Corp. on December 3, 2024.
- The report details Gibbs' holdings of 37,493,239 shares of common stock.
- Gibbs acquired 2,000,000 shares of common stock at a price of $0.036 per share.
- He also holds warrants to purchase additional shares at various exercise prices and expiration dates.
- The report includes warrants for 1,428,571 shares at $0.073, 1,875,000 shares at $0.037, 2,000,000 shares at $0.086, 1,181,250 shares at $0.1234, 2,193,752 shares at $0.1234, and 1,000,000 shares at $0.085.
- The prices and exercise prices have been converted from Canadian dollars to US dollars.
Sentiment
Score: 6
Explanation: The document is a routine ownership update, with no clear positive or negative implications. The acquisition of shares suggests confidence, but the potential dilution from warrants is a neutral factor.
Positives
- The acquisition of 2,000,000 shares by John D. Gibbs suggests confidence in Athena Gold Corp.
- The exercise of warrants could provide additional capital to the company in the future.
Risks
- The value of the warrants is dependent on the future price of Athena Gold Corp. stock.
- The exercise of warrants could dilute existing shareholders' ownership.
Industry Context
This filing is a standard ownership update, common in the mining and resource sector, where significant shareholders often hold large positions and warrants.
Comparison to Industry Standards
- Ownership filings are a standard practice for publicly traded companies, particularly in the resource sector.
- The number of shares and warrants held by John D. Gibbs is not unusual for a significant shareholder in a company of this size.
- The exercise prices of the warrants are typical for early-stage resource companies.
Stakeholder Impact
- Shareholders may be impacted by potential dilution if warrants are exercised.
- The acquisition of shares by a significant shareholder could be viewed positively by the market.
Key Dates
| Date | Description |
|---|---|
| 2022-04-13 | Warrant for 1,181,250 shares issued. |
| 2022-04-18 | Initial filing date. |
| 2022-04-21 | Warrant for 2,193,752 shares issued. |
| 2023-04-24 | Warrant for 1,428,571 shares issued. |
| 2024-01-17 | Warrant for 1,875,000 shares issued. |
| 2024-10-25 | Warrant for 2,000,000 shares issued. |
| 2024-12-03 | Report filing date and acquisition of 2,000,000 shares and 1,000,000 shares. |
| 2024-12-10 | Date of signature by John D. Gibbs. |
| 2025-01-17 | Expiration date of warrant for 1,875,000 shares. |
| 2025-04-13 | Expiration date of warrants for 1,181,250 and 2,193,752 shares. |
| 2025-04-24 | Expiration date of warrant for 1,428,571 shares. |
| 2027-10-25 | Expiration date of warrant for 2,000,000 shares. |
| 2027-12-03 | Expiration date of warrant for 1,000,000 shares. |
Keywords
Athena Gold Corp, Ownership, John D. Gibbs, Common Stock, Warrants, Share Acquisition, Securities
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