Sumitomo Metal Mining Canada Limited, 10% holder of Kenorland Minerals Ltd. (TSXV:KLD), bought 780,726 Common Shares via a private placement at an average of $2.10, a $1.6M purchase on Nov 6, 2026, disclosed Nov 9, 2026.
The purchase increased the direct holding by about 9.6%. Sumitomo Metal Mining Canada Limited now holds 8,914,867 shares directly, worth about $18.7M at the Nov 9, 2026 close.
KLD closed at $2.10 on Nov 9, 2026, down 5.8% over the prior three months. In the 52 weeks to that date it closed between $1.76 and $3.45, and that close was 39% below the high.