Mogotes Metals clarifies insider participation in August share placement as related-party transaction
Bitget2026/09/22 17:28- Mogotes Metals issued a clarification to its Aug. 27, 2026 disclosure on insider participation in a placement.
- Insiders bought 5,503,323 common shares using pre-emptive rights, triggering a related-party transaction under TSXV Policy 5.9 and MI 61-101.
- Valuation, minority approval exemptions cited since Mogotes is not on a specified market; insider participation was below 25% of market cap.
- Mogotes said it did not file a material change report 21 days before closing to complete the placement quickly.
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