Crescat Portfolio Management LLC 4
4 · Timberline Resources Corp · Filed Sep 13, 2024
Insider Transaction Report
Form 4
Crescat Portfolio Management LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2024-08-19−10,795,811→ 0 total(indirect: Held by Crescat Precious Metals Master Fund Ltd.) - Disposition from Tender
Warrant
2024-08-19−1,575,000→ 0 total(indirect: Held by Crescat Precious Metals Fund Ltd.)Exercise: $0.06From: 2023-12-28Exp: 2027-12-31→ Common Stock (1,575,000 underlying) - Disposition from Tender
Warrant
2024-08-19−710,000→ 0 total(indirect: Held by Crescat Global Macro Master Fund Ltd.)Exercise: $0.06From: 2023-12-28Exp: 2027-12-31→ Common Stock (710,000 underlying) - Disposition from Tender
Warrant
2024-08-19−137,500→ 0 total(indirect: Held by Crescat Long/Short Master Fund Ltd.)Exercise: $0.06From: 2023-12-28Exp: 2027-12-31→ Common Stock (137,500 underlying) - Disposition from Tender
Common Stock
2024-08-19−105,711→ 0 total(indirect: Held by Crescat Institutional Commodity Master Fund Ltd.) - Disposition from Tender
Common Stock
2024-08-19−13,074,725→ 0 total(indirect: Held by Crescat Global Macro Master Fund Ltd.) - Disposition from Tender
Common Stock
2024-08-19−150,000→ 0 total(indirect: Held by Kevin C. Smith) - Disposition from Tender
Warrant
2024-08-19−130,405→ 0 total(indirect: Held by Crescat Long/Short Master Fund Ltd.)Exercise: $0.08From: 2023-08-31Exp: 2026-08-30→ Common Stock (130,405 underlying) - Disposition from Tender
Warrant
2024-08-31−34,106→ 0 total(indirect: Held by Crescat Institutional Commodity Master Fund Ltd.)Exercise: $0.08From: 2023-08-31Exp: 2026-08-30→ Common Stock (34,106 underlying) - Disposition from Tender
Common Stock
2024-08-19−132,850→ 0 total(indirect: Held by Crescat Institutional Macro Master Fund Ltd.) - Disposition from Tender
Warrant
2024-08-19−40,000→ 0 total(indirect: Held by Crescat Institutional Macro Master Fund Ltd.)Exercise: $0.06From: 2023-12-28Exp: 2027-12-31→ Common Stock (40,000 underlying) - Disposition from Tender
Common Stock
2024-08-19−1,832,846→ 0 total(indirect: Held by Crescat Long/Short Master Fund Ltd.) - Disposition from Tender
Common Stock
2024-08-19−363,636→ 0 total(indirect: By Trust) - Disposition from Tender
Warrant
2024-08-19−37,500→ 0 total(indirect: Held by Crescat Institutional Commodity Master Fund Ltd.)Exercise: $0.06From: 2023-12-28Exp: 2027-12-31→ Common Stock (37,500 underlying) - Disposition from Tender
Warrant
2024-08-19−17,404→ 0 total(indirect: Held by Crescat Institutional Macro Master Fund Ltd.)Exercise: $0.08From: 2023-08-31Exp: 2026-08-30→ Common Stock (17,404 underlying) - Disposition from Tender
Warrant
2023-08-19−635,239→ 0 total(indirect: Held by Crescat Global Macro Master Fund Ltd.)Exercise: $0.08From: 2023-08-31Exp: 2026-08-30→ Common Stock (635,239 underlying) - Disposition from Tender
Warrant
2024-08-19−1,182,848→ 0 total(indirect: Held by Crecast Precious Metals Master Fund Ltd.)Exercise: $0.08From: 2023-08-31Exp: 2026-08-30→ Common Stock (1,182,848 underlying)
Footnotes (2)
- [F1]The shares were disposed of pursuant to a merger agreement between the Issuer and McEwen Mining Inc. ("MUX") in a transaction approved by shareholders (the "Merger"), in exchange for shares of MUX at an exchange rate of 0.01 MUX share for each existing Issuer share. The opening price of MUX shares on August 19, 2024, was $9.04 per share.
- [F2]The warrants were converted to warrants to acquire MUX shares in connection with the Merger.