Sun Valley Investments and affiliates report 49.8% combined stake in Canagold Resources

Sun Valley Investments AG, Goldlogic Corp., Sunvalley Company FZCO and Vikramjeet Singh Sodhi jointly filed a Schedule 13D with the SEC on 13 October 2026 concerning Canagold Resources Ltd. The filing states that Sun Valley Investments AG directly holds 96,019,010 common shares, representing 42.1% of the company, while Goldlogic Corp. directly holds 17,476,937 shares, representing 7.7%.

The filing states that Vikramjeet Singh Sodhi directs the voting and disposition of both blocks of shares. He is President of Sun Valley Investments AG's Board of Directors and a director of Goldlogic Corp. acting under delegated board authority. The filing states that Sunvalley Company FZCO owns approximately 91.42% of Goldlogic Corp. and has the exclusive right to appoint and remove five of its directors, and that Mr Sodhi ultimately controls FZCO. As a result, the filing reports Mr Sodhi as holding shared voting and dispositive power over 113,495,947 shares in total, equal to 49.8% of Canagold.

The percentage calculations in the filing are based on 228,115,069 common shares outstanding, derived by adding 213,949,766 shares outstanding as of 13 August 2026, as reported in Canagold's Management's Discussion and Analysis furnished as Exhibit 99.1 to its Form 6-K of that date, and 14,165,303 shares issued in a financing on 18 September 2026, as reported in Exhibit 99.1 to Canagold's Form 6-K furnished on 22 September 2026.

The filing does not state the price paid for the shares, the dates on which they were acquired, or what, if anything, the reporting persons intend to do with their holdings.