Company: GNTOF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001062993-25-008252
Chunk: 25

Company: GENTOR RESOURCES INC.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 7
Chunk 25
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Item 7. Major Shareholders and Related Party Transactions

A. Major Shareholders

To the knowledge of management of the Company, based on a review of publicly available filings, the following is the only person or company who beneficially owns 5% or more of the outstanding common shares of the Company.

  Name of Shareholder              Number of Shares      Percentage of Outstanding  
  Arnold T. Kondrat (2)                  20,033,188                         51.49%  

_______________________

(1)The information in these columns of the table is as at April 22, 2025.

(2)Mr. Kondrat is Chief Executive Officer, President and a director of the Company.

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The shareholder disclosed above does not have any voting rights with respect to his common shares of the Company that are different from any other holder of common shares of the Company.

As of April 22, 2025, based on the Company's shareholders' register, there were 23 shareholders of record of the Company's common shares in the United States, holding 16.74% of the outstanding common shares of the Company.

Control by Foreign Government or Other Persons

To the best of the knowledge of management of the Company, other than as disclosed in this Form 20-F, the Company is not directly or indirectly owned or controlled by another corporation, any foreign government, or any other natural or legal person, severally or jointly.

Change of Control

As of the date of this Form 20-F, there are no arrangements known to the Company which may at a subsequent date result in a change in control of the Company.

B. Related Party Transactions

See Item 4 of this Form 20-F for information with respect to the private placement financings carried out by the Company in 2018 and 2019 involving directors and officers of the Company.

C. Interests of Experts and Counsel

This Form 20-F is being filed as an annual report under the U. S. Exchange Act and, as such, there is no requirement to provide any information under this item.

Item 8. Financial Information