Gillis raises stake in Northern Lights Resources to about 11.75%
An amended NLR filing discloses previously omitted warrants and options, with Jeremy Gillis and joint actors holding about 11.75% undiluted as of September 2, 2026.
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what happened
TradingView reports that an amended early warning report from Northern Lights Resources Corp. (NLR) adds previously omitted warrants and options to the disclosure. As of September 2, 2026, Jeremy Gillis and joint actors held about 11.75% of shares on an undiluted basis and about 17.09% on a partially diluted basis.
The filing also lists purchases of 387,500 shares at $0.08 on August 17 and 1,200,000 shares at $0.08 on August 21. Warrants totaling 2.95 million, with exercise prices between $0.05 and $0.10, are also included.
why it matters
Crossing the 10% threshold triggers filing obligations for the holder, and the partially diluted figure shows how the stake could grow if warrants and options are exercised. For a small company, such ownership changes matter mainly to shareholders, while the effect on broader markets is usually limited.
tags
instruments
sources
- Northern Lights Resources Corp. (NLR) Updates Gillis Group Ownership — TradingView, 31 October 2026 at 01:26 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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