SCHEDULE 13G/A: Robert Quartermain Discloses 8.76% Stake in Dakota Gold Corp. via Amended SEC Filing
Beneficial Ownership Report
Robert Quartermain has filed an amended Schedule 13G, revealing a beneficial ownership of 8.76% in Dakota Gold Corp. as of December 31, 2024.
Summary
- Robert Quartermain, a Canadian citizen, has filed an Amendment No. 1 to Schedule 13G regarding his beneficial ownership in Dakota Gold Corp.
- As of December 31, 2024, Mr. Quartermain beneficially owns an aggregate of 8,369,042 shares of Dakota Gold Corp. common stock.
- This ownership represents 8.76% of the company's common stock outstanding.
- The calculation of the percentage is based on 95,570,483 shares of common stock issued and outstanding as of December 31, 2024.
- Mr. Quartermain's beneficial ownership includes 7,511,531 shares of common stock, 41,378 restricted stock units vesting within 60 days of December 31, 2024, options to purchase 275,000 shares exercisable within 60 days of December 31, 2023, and warrants to purchase 541,133 shares exercisable within 60 days of December 31, 2024.
- He holds sole voting power and sole dispositive power over all 8,369,042 shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant ownership stake by an individual in a publicly traded company, common in the mining and exploration sector where key individuals often hold substantial equity.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant individual shareholder's stake, which can influence market perception and potentially signal confidence or future strategic involvement.
Key Dates
| Date | Description |
|---|---|
| 2023-12-31 | Date by which options to purchase 275,000 shares of common stock were exercisable within 60 days. |
| 2024-12-31 | Date of event which requires filing of this statement; also the date as of which the number of shares outstanding and beneficial ownership were calculated. |
| 2025-02-13 | Date the Schedule 13G Amendment No. 1 was signed. |
Keywords
Dakota Gold Corp., Robert Quartermain, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Shareholder, Mining, Gold Exploration
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