secwatch.observer — SEC 8-K summary
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Issuer:     ATHENA GOLD CORP (AHNRF)
CIK:        0001304409
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001683168-24-000081
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Athena Gold closes acquisition of 10M Nubian shares (15.79% stake) from Eric Sprott for 16.5M Athena shares
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- Acquired 10M common shares of Nubian Resources from 2176423 Ontario Ltd. (Eric Sprott) for 16,546,669 Athena shares.
- The 10M Nubian shares represent ~15.79% of Nubian's outstanding shares, making Athena the largest single owner.
- Athena shares issued are restricted with a hold period expiring April 30, 2024.
- Eric Sprott becomes an Athena shareholder; CEO highlights 2024 as pivotal for Excelsior Springs and Crow Springs projects.
- Athena demands Nubian board complete distribution of 50M Athena shares to Nubian shareholders per 2021 agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304409/000168316824000081/0001683168-24-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304409/000168316824000081/athenagold_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer