Juno lifts Rocky Shore Gold stake to 17.76% with $139K share buy
What's the deal? Juno International CorporationDealroom has a profile for this one. Try Dealroom → — formerly Northfield Capital CorporationDealroom has a profile for this one. Try Dealroom → — acquired 1,549,000 common shares of Rocky Shore Gold Ltd.Dealroom has a profile for this one. Try Dealroom → on July 24, 2026, for $139,410. The purchase, made through the Canadian Securities ExchangeDealroom has a profile for this one. Try Dealroom →, lifts Juno's direct holding to 42,118,188 shares, or roughly 17.76% of Rocky Shore's outstanding stock.
The finer points. Before the trade, Juno held about 17.11% on a non-diluted basis. Including 5,180,000 common share purchase warrants, its stake reaches roughly 19.52% on a partially diluted basis.
Who else is involved? Counting Juno's joint actors — Robert Cudney and his company Cudney Stables Inc.Dealroom has a profile for this one. Try Dealroom → — the combined group now controls 42,623,487 shares plus convertible securities for another 6,255,000 shares. That equals about 17.97% non-diluted, or 20.08% on a partially diluted basis.
Why now? Juno bought the shares under the normal course purchase exemption from formal take-over bid rules set out in section 4.1 of National Instrument 62-104. It says the holdings are managed for investment purposes.
What's the endgame? Juno left its options open. It could "increase or decrease their investments in the Company at any time, or continue to maintain their current investment position," depending on market conditions.
The signal. The small top-up keeps Juno and its joint actors just below the 20% non-diluted threshold that typically triggers Canadian take-over bid requirements — a sign of a measured, investment-driven position rather than a bid for control.
Read more: StreetInsider
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