Quaternary Group becomes 10% shareholder in Visionary Copper
Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQB: VCGMF) announced that The Quaternary Group Limited has become a significant shareholder, holding approximately 10.36% of the company's issued and outstanding common shares on a partially diluted basis.
The Quaternary Group, a British Virgin Islands company controlled by Ross Jennings, acquired an additional 100,000 common shares on May 7, 2026, at $0.72 per share for total consideration of $72,000 through the TSX Venture Exchange.
Following the acquisition, the Quaternary Group owns 1,774,834 common shares and 666,667 share purchase warrants, representing approximately 7.75% of issued shares on a non-diluted basis. The warrants are exercisable at $1.10 per share until December 18, 2027.
Prior to this purchase, the Quaternary Group held 1,674,834 common shares and 666,667 warrants, representing approximately 7.31% on a non-diluted basis and 9.93% on a partially diluted basis.
Max Porterfield, President and CEO of Visionary, stated: "I'm very pleased to welcome The Quaternary Group as a significant strategic shareholder of Visionary. Ross Jennings and the Quaternary Group have a well-earned reputation for backing high-conviction critical-minerals stories with patient, long-term capital."
Ross Jennings commented: "Visionary Copper and Gold Mines offers a rare combination of scale, grade and jurisdiction at an extremely attractive valuation. The Point Leamington deposit sits in one of the richest VMS and gold districts in Canada."
The Quaternary Group filed an early warning report dated May 11, 2026, stating the securities are held for investment purposes. The company indicated it may acquire additional securities, dispose of holdings, or maintain current positions depending on market conditions.
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