Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) has clarified information regarding the beneficial ownership of its executive chairman, Mr. Stan Bharti. This follows a review by the British Columbia Securities Commission concerning disclosures made in the company’s management information circulars from May 2022 to the present. Mr. Bharti has filed updated insider reports with the System for Electronic Disclosure by Insiders (SEDI), confirming his current holding of 11,753,526 common shares.
Additionally, Q-Gold has engaged IRPub to assist with its investor relations activities moving forward.
**Why this matters**
Accurate disclosure of insider shareholdings is essential for regulatory compliance and maintaining investor confidence. The clarification ensures transparency regarding Mr. Bharti’s ownership stake, which is important information for shareholders and the market. The appointment of IRPub signals the company’s commitment to improving communication with investors.
Source: NewsData