Disposition of Common Shares of Golden Birch Resources Inc.
Timmins, Ontario--(Newsfile Corp. - June 8, 2021) - Alan Martin ("Mr. Martin") announced today that he and persons acting jointly or in concert with him disposed of ownership and control of an aggregate of 760,000 common shares ("Common Shares") in the capital of Golden Birch Resources Inc. (the "Company") through the facilities of the Canadian Securities Exchange (the "Disposition").
- Timmins, Ontario--(Newsfile Corp. - June 8, 2021) - Alan Martin ("Mr. Martin") announced today that he and persons acting jointly or in concert with him disposed of ownership and control of an aggregate of 760,000 common shares ("Common Shares") in the capital of Golden Birch Resources Inc. (the "Company") through the facilities of the Canadian Securities Exchange (the "Disposition").
- The consideration received per Common Share under the Disposition was approximately $0.10, for total consideration received of $76,000.
- The completion of the Disposition, together with other dispositions of Common Shares during the month of May, 2021 made by Alan and persons acting jointly or in concert with him, resulted in a slightly greater than 2.0% decrease in the Common Shares beneficially owned by Alan and persons acting jointly or in concert with him.
- Immediately after the Disposition, Alan and persons acting jointly or in concert with Alan beneficially own 7.66% of the issued and outstanding Common Shares of the Company on a non-diluted basis and 10.57% on a partially-diluted basis.