David Patterson's stake in Aurbis Resources rises to 15.94%
David Patterson disclosed a roughly 15.94% stake in Aurbis Resources Corp. after buying shares since May 2025, per an early warning report filed via Newsfile.
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what happened
David Patterson filed an early warning report on Aurbis Resources Corp., disclosing beneficial ownership of 3,580,300 common shares. According to the filing, distributed through Newsfile (newsfilecorp.com), that stake is about 15.94% of the 22,456,606 shares outstanding.
Since May 2025 he has bought 1,898,500 shares at prices between $0.12 and $0.25, a total outlay of about $322.6 thousand. Following the event, the company issued 813,186 shares from treasury, which slightly increases the number of shares in circulation.
why it matters
This is a small-cap company, so the news has limited reach beyond its shareholders. A near-16% holding can influence votes at shareholder meetings, while the treasury issuance partly offsets the effect of the purchases.
tags
instruments
sources
- Aurbis Resources Corp. (AURR) Holder David Patterson Now Owns ~15.94% — newsfilecorp.com, 29 October 2026 at 01:05 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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