Form 4: Craig Barto Reports Significant Increase in Indirect Ownership of PureBase Corp (PUBC) Shares

Craig Barto, a director and 10% owner of PureBase Corp, reports an increase in indirect beneficial ownership of common stock through US Mine Corporation.

Summary

• Craig Barto, a director and 10% owner of PureBase Corp (PUBC), filed a Form 4 detailing changes in beneficial ownership.
• The reported transactions involve the acquisition of common stock held indirectly through US Mine Corporation, of which Barto is a 50% owner.
• On February 26, 2024, US Mine Corporation acquired 2,500,330 shares at $0.39 per share and 6,377,593 shares at $0.1 per share.
• On June 4, 2024, US Mine Corporation acquired 10,256,400 shares at $0.1 per share.
• Following these transactions, Barto's indirect beneficial ownership totals 109,414,555 shares.
• Barto disclaims beneficial ownership as to 50% of the shares held by US Mine Corporation.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may be interested in changes in ownership by company insiders as it can reflect their confidence in the company's prospects.

Key Dates