en.Wedoany.com Reported - Ilona Lindsay of Canada acquired 700,000 common shares of Finlay Minerals Ltd. (the "Company") at a price of $0.14 per share through the exercise of stock options. The option exercise was completed on July 3, 2026. Prior to the exercise, Lindsay beneficially owned 14,204,999 common shares, representing 8.36% of the issued and outstanding common shares; assuming full exercise of her convertible securities, Lindsay was deemed to beneficially own 16,204,999 common shares, representing 9.43% of the deemed issued and outstanding common shares. These 16,204,999 common shares, together with 11,145,500 common shares held by persons acting jointly or in concert under applicable securities regulations, totaled 27,350,499 common shares, representing 15.91% of the deemed issued and outstanding common shares.
Following the exercise, Lindsay beneficially owns 14,904,999 common shares, representing 8.74% of the issued and outstanding common shares. Assuming full exercise of her convertible securities, Lindsay is deemed to beneficially own 16,204,999 common shares, representing 9.43% of the deemed issued and outstanding common shares, a decrease of 0.97% from the previously reported deemed beneficial ownership of 10.40%. The aforementioned 16,204,999 common shares, together with 11,145,500 common shares held by persons acting jointly or in concert, total 27,350,499 common shares, representing 15.91% of the deemed issued and outstanding common shares, a decrease of 2.26% from the previously reported total beneficial ownership of 18.17%. The decrease in ownership percentage is due to dilution resulting from the Company's 2025 financing.
Lindsay acquired the common shares for investment purposes. She may from time to time increase or decrease her holdings of the Company's common shares and other securities through the open market or other means, depending on market conditions, the Company's business and prospects, and other factors.








