Jeremy Gillis Increases Stake in Northern Lights Resources Corp
News provided byNorthern Lights Resources Corp · 1 min read
Toronto, Ontario, September 2, 2026, Jeremy Gillis, a private investor, has announced the acquisition of additional shares in Northern Lights Resources Corp., a company listed on the Canadian Securities Exchange. On August 17, 2026, 11661728 Canada Inc., a company under his control, purchased 387,500 common shares for $31,000 at a price of $0.08 per share.
Prior to this acquisition, the Joint Actors, which include 11661728 Canada Inc. and 1302580 B.C. Ltd., both under Gillis's control, held 6,887,381 common shares, representing approximately 9.75% of Northern Lights Resources Corp.'s issued and outstanding shares. Following the Acquisition, the total shareholding increased to 7,274,881 common shares, or about 10.30% of the company’s outstanding shares.
On August 21, 2026, 1302580 B.C. Ltd. acquired an additional 1,200,000 common shares for $96,000, raising the total shareholding to 8,474,881 common shares, or approximately 12.00% of the company's outstanding shares. Gillis also holds 1,815,000 stock options of the company.
The acquisitions were made with an investment objective, and Gillis intends to maintain a long-term stake in Northern Lights Resources Corp. Depending on market conditions, he may continue to acquire or dispose of securities of the company.