Scott M. Kelly Files Early Warning Report Regarding Copland Road Capital Corporation Shares

On January 27, 2025, Scott M. Kelly, a director of Copland Road Capital Corporation, filed an Early Warning Report (EWR) concerning the company's common shares. This report was submitted in accordance with National Instrument 62-103, which relates to the early warning system and insider reporting obligations.

Details of the Share Disposition

In the filing, Kelly reported the sale of 470,000 common shares from Copland Road. The shares were sold through the Canadian Securities Exchange at a price of CAD $0.18 each, resulting in total proceeds of CAD $84,600. This transaction signifies a decision by Kelly to reduce his shareholding in the company and utilize the generated funds for other purposes.

Shareholding Before and After the Transaction

Before the transaction, Kelly held a total of 1,881,000 shares, which accounted for approximately 16.99% of all issued and outstanding shares of Copland Road. Following the sale, he now controls 1,411,000 shares, representing about 12.75% of the company's outstanding shares. This reduction reflects Kelly's strategic move within the company.

Future Intentions

Scott M. Kelly has indicated that he retains the possibility to buy more shares or sell additional shares in the future. These decisions will depend on various factors, including market conditions. Kelly’s approach highlights his ongoing engagement in managing his investments carefully.

Further Information

For more details about this transaction, stakeholders and interested parties can refer to the Early Warning Report itself, which is accessible through SEDAR+. Additionally, inquiries can be directed to Kelly at [email protected] for personalized information.

It is important to note that neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Authority is responsible for the accuracy or content of this report.

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