VANCOUVER, BC, Aug. 2, 2023
/CNW/ - John Andrew Barakso ("Barakso") reports that
following the acquisition of 100,000 common shares (the "Common
Shares") of Finlay Minerals Ltd. ("Finlay") on the TSX
Venture Exchange on July 14, 2022 at
$0.08 per Common Share for total
consideration of $8,000 (the
"Transaction"), Barakso had acquired deemed beneficial
ownership of 3,421,692 Common Shares of Finlay.
Immediately prior to the Transaction, Barakso had deemed
beneficial ownership of 3,321,692 Common Shares representing 2.60%
of the then deemed issued and outstanding Common Shares. The
3,321,692 Common Shares, together with 9,395,500 Common Shares
owned by a deemed joint actor under applicable securities
legislation, totaled 12,717,192 Common Shares representing 9.97% of
the then deemed issued and outstanding Common Shares.
Immediately after the Transaction, Barakso had deemed
beneficial ownership of 3,421,692 Common Shares representing 2.68%
of the then deemed issued and outstanding Common Shares. These
Common Shares, together with the Common Shares owned by the deemed
joint actor, totaled 12,817,192 Common Shares representing
10.05% of the then deemed issued and outstanding Common Shares, an
increase of 0.08% in respect of the aggregate beneficial ownership
of Common Shares.
Barakso acquired the Common Shares for investment
purposes. Barakso may, from time to time and at any time,
acquire additional Common Shares and/or other equity, debt or other
securities or instruments (collectively, "Securities") of
Finlay in the open market or otherwise, and reserves the right to
dispose of any or all Securities in the open market or otherwise at
any time and from time to time, and to engage in similar
transactions with respect to the Securities, the whole depending on
market conditions, the business and prospects of Finlay and other
relevant factors.
A copy of the related early warning report filed under
applicable securities laws is available under Finlay's profile on
SEDAR (www.sedarplus.ca) or from Barakso at (604) 684-3099.
"John Andrew Barakso"
_______________________
John Andrew Barakso
SOURCE Finlay Minerals Ltd.