Gladiator Responds to OTC Markets Request on Recent Promotional Activity
Gladiator Responds to OTC Markets Request on Recent
Promotional Activity
VANCOUVER, B.C., June 3, 2024 : Gladiator Metals Corp. (TSXV: GLAD / OTC Markets:
GDTR / FSE: ZX7) (“Gladiator ” or the “ Company ”), announces that it has been requested by
OTC Markets Group Inc. (“ OTC Markets ”) to issue this statement about promotional activi ty
concerning its common shares traded on the OTCQB market (operated by OTC Markets).
On May 30, 2024, OTC Markets informed the Company t hat it became aware of certain
promotional activities concerning the Company and its common shares traded on the OTCQB
Marketplace, including the distribution of one newsletter email published by Market Jar Media
Inc. on behalf of Native Ads, Inc. (“ Native Ads ”) discussing the Company, its business, the
economy, and the mineral exploration market generally.
On May 6, 2024, the Company entered into a services agreement (the “ Agreement ”) with
Native Ads, whereby Native Ads would provide invest or relations and advertising services to
the Company. The Company was therefore aware of Nat ive Ads’ activities respecting the
Company since May6, 2024. Native Ads is a third-par ty marketing and advertising firm. The
Agreement is valid until May 6, 2025. The engagemen t of Native Ads, the nature of the
relationship between the Company and Native Ads as well as the compensation to be paid to
Native Ads was publicly disclosed in a news release on May 8, 2024, which can be found under
the Company’s profile on SEDAR+ ( www.sedarplus.ca ) and on the Company’s website
(www.gladiatormetals.com )
The Company provided Native Ads with publicly avail able sources of information for its
marketing materials and management reviewed and approved the materials prepared by Native
Ads prior to their dissemination, including to ensu re factual accuracy. The Company does not
believe the statements in the marketing materials and newsletter emails were materially false or
misleading.
After inquiry of management, other than as disclose d herein, no directors, control persons,
officers, or controlling shareholders have been inv olved with the creation, distribution, or
payment of promotional materials related to the Company and its securities.
The Company understands this promotional activity coincided with increased trading activity in
the common shares beginning on May 24, 2024. The Co mpany does not believe the
promotional activities were the primary factor in any increase in trading volume in the common
shares.
To management’s knowledge, no officers, directors o r controlling shareholders have sold
securities of the Company within the past 90 days. In addition, management is not aware of any
third-party service providers who have sold or purc hased the Company’s securities within the
past 90 days.
Over the past 12 months, the Company has engaged Native Ads, Marco Messina, Outside The
Box Capital Inc., and Black Swan Solutions Inc. dba VHLA Media, to provide digital marketing
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services, including content creation, distribution and market awareness campaigns. However,
only the engagement with Native Ads remains in force.
Other than pursuant to financings which the Company has publicly disclosed in news releases,
including the Company’s most recent brokered unit p rivate placement completed on June 30,
2023 (see news release dated June 30, 2023), the Co mpany has not issued shares, or
convertible instruments allowing conversion to equi ty securities, at prices constituting, at the
time of issuance of such shares or convertible inst ruments, a discount to the then current
market price.
ABOUT GLADIATOR METALS CORP.
Gladiator Metals Corp. is a mineral exploration com pany focused on the advancement of
multiple high- grade copper prospects at its Whiteh orse Copper Project (the “Project”), an
advanced-stage copper (Cu) ± molybdenum (Mo) ± silv er (Ag) ± gold (Au) skarn exploration
project in the Yukon Territory, Canada. The Project comprises 314 contiguous claims covering
approximately 5,380 Hectares (13,294 acres) in the Whitehorse Mining District.
ON BEHALF OF THE BOARD
"Jason Bontempo"
Jason Bontempo
President and Chief Executive Officer
For further information contact:
Dustin Zinger, Investor Relations
+1-604-653-9464
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Certain of the statements and information in this n ews release constitute "forward-looking
statements" or "forward-looking information." Any s tatements or information that express or
involve discussions with respect to predictions, ex pectations, beliefs, plans, projections,
objectives, assumptions or future events or perform ance (often, but not always, using words or
phrases such as "expects", "anticipates", "believes ", "plans", "estimates", "intends", "targets",
"goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the
negative of any of these terms and similar expressi ons) that are not statements of historical fact
may be forward-looking statements or information. F orward-looking statements in this news
release include, without limitation, statements rel ating to the use of the proceeds from the
Offering.
Forward-looking statements or information are subject to a variety of known and unknown risks,
uncertainties and other factors that could cause ac tual events or results to differ from those
reflected in the forward-looking statements or info rmation, including, without limitation, the need
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for additional capital by the Company through financings, and the risk that such funds may not be
raised; the speculative nature of exploration and t he stages of the Company's properties; the
effect of changes in commodity prices; regulatory r isks that development of the Company's
material properties will not be acceptable for soci al, environmental or other reasons; availability
of equipment (including drills) and personnel to carry out work programs; and that each stage of
work will be completed within expected time frames. This list is not exhaustive of the factors that
may affect any of the Company's forward-looking sta tements or information. Although the
Company has attempted to identify important factors that could cause actual results to differ
materially, there may be other factors that cause r esults not to be as anticipated, estimated,
described or intended. Accordingly, readers should not place undue reliance on forward-looking
statements or information.
The Company's forward-looking statements and inform ation are based on the assumptions,
beliefs, expectations and opinions of management as of the date of this news release, and other
than as required by applicable securities laws, the Company does not assume any obligation to
update forward-looking statements and information i f circumstances or management's
assumptions, beliefs, expectations or opinions shou ld change, or changes in any other events
affecting such statements or information.