Crescat Portfolio Management LLC - Jun 25, 2021 Form 4 Insider Report for Timberline Resources Corp (TLRS)

Role
10%+ Owner
Signature
Kevin C. Smith
Stock symbol
TLRS
Transactions as of
Jun 25, 2021
Transactions value $
$375,000
Form type
4
Date filed
6/29/2021, 01:21 PM
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRS Common Stock Purchase $250K +1.25M +7.57% $0.20 17.8M Jun 25, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLRS Series M Warrants Purchase $125K +625K +3.91% $0.20 16.6M Jun 25, 2021 Common Shares 625K $0.30 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrants may not be exercised if such exercise would cause holder to beneficially own or exercise control or direction over 19.99% or greater of the issued and outstanding voting shares of the issuer. Common shares and share purchase warrants were acquired as part of a private placement financing by the issuer.
F2 The price of each Unit is $0.20. Each Unit consists of one common share and one Series M common share purchase warrant.
F3 Includes direct shares of 16,000,000 and indirect shares of 513,636 before the 6/25/2021 purchase.