Early Warning Report
#501, 595 Howe Street, Vancouver, BC, V6C 2T5
Ph: (604) 899-0106
Early Warning Report
VANCOUVER, BC, July 31, 2019 – Grande Portage Resources Ltd. (GPG: TSX.V, “Grande Portage”
or the “Company”) In connection with the Company’s recent private placement offering of units, Darrell
Oswald (the “purchaser”), an arm’s l ength purchaser, and all persons acting jointly or in concert with the
purchaser, have acquired, directly and indirectly, 2,000,000 common shares of the Company (the "Shares")
and warrants to purchase up to an additional 2,000,000 Shares of the Company (th e “ Warrants”),
representing approximately 3.3% of the total issued shares of the Company on a fully diluted basis (assuming
exercise of these Warrants only).
The purchaser, and all persons acting jointly or in concert with the purchaser, previously held 4,041,000
common shares, warrants to purchase up to an additional 1,250,000 common shares, and stock options
exercisable for another 500,000 common shares, representing approximately 12.7% of the then issued and
outstanding common shares of the Company. Af ter the recent purchases described above, the purchaser
now holds or has control or direction over a total of 6,041,000 common shares, 3,250,000 warrants, and
500,000 stock options, representing approximately 17.1% of the total issued and outstanding common shares
of the Company on a fully diluted basis (assuming the exercise of the Warrants). The purchaser intends to
hold the Shares and Warrants for investment purposes. Depending upon market conditions and other
factors, the purchaser may from time to ti me acquire additional securities of the Company, dispose of
some or all of the existing or additional securities it holds in the Company, or will hold or may continue to
hold its current position.
Additional information concerning the foregoing is contai ned in the Early Warning Report filed by the
purchaser on SEDAR under the Company’s profile.
s/“Darrell Oswald”
Darrell Oswald
Neither 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.