Corvus Gold ULC (KOR) Form 4/A Corvus Gold / Ed Yarrow ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Yarrow Ed

(Last) (First) (Middle)

C/O CORVUS GOLD INC.

700 WEST PENDER STREET, SUITE 1750

(Street)

VANCOUVER A1 V6C 1G8

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Corvus Gold Inc. [ CORVF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/16/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)
10/20/2020

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	10/16/2020		M		50,000	A	$0.37(1)	275,000	D
Common Shares	10/16/2020		M		50,000	A	$0.35(2)	325,000	D
Common Shares	10/19/2020		M		100,000	A	$1.06(3)	425,000	D
Common Shares	10/16/2020		S		100,000	D	$2.46(7)	325,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	$0.37(1)	10/16/2020		M			50,000	(4)	11/13/2020	Common Stock	50,000	$0	0	D
Stock Option (Right to Buy)	$0.35(2)	10/16/2020		M			50,000	(5)	09/09/2020	Common Shares	50,000	$0	0	D
Stock Option (Right to Buy)	$1.06(3)	10/19/2020		M			100,000	(6)	11/13/2020	Common Shares	100,000	$0	0	D

Explanation of Responses:

1. The exercise price reported above was converted from the Canadian exercise price of C$0.49 using an exchange rate of C$1.3192 = US$1.00.

2. The exercise price reported above was converted from the Canadian exercise price of C$0.46 using an exchange rate of C$1.3192 = US$1.00.

3. The exercise price reported above was converted from the Canadian exercise price of C$1.40 using an exchange rate of C$1.3165 = US$1.00.

4. The options were granted on November 13, 2015, and were fully vested by November 13, 2017.

5. The options were granted on September 9, 2015, and were fully vested by September 9, 2017. The exercise period was extended due to a black-out period.

6. The options were granted on September 8, 2014, and were fully vested by September 8, 2016. The exercise period was extended due to a black-out period.

7. The price reported in Column 4 above is a weighted average price. These shares were sold in multiple transactions ranging from C$3.22 to C$3.31, inclusive. The reporting person undertakes to provide to Corvus Gold Inc., any security holder of Corvus Gold Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares withheld at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$3.25 using an exchange rate of C$1.3192 = US$1.00.

Remarks:

Exhibit 24.1 Power of Attorney

	/s/ Marla Ritchie as attorney-in-fact for Ed Yarrow	10/29/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.