Officer buying at African Gold Group, (AGG)

Officer buying at African Gold Group, (:AGG)

Updated Tuesday Jul 09, 2019 01:55 AM EDT
Stan Bharti, a Senior Officer and Director, acquired 4,761,905 Common Shares on an indirect ownership basis for registered holder PI FINANCIAL CORP ITF 2437357 ONTARIO INC. A/C 025-8546-1 at a price of $0.210 through a prospectus or prospectus exempt offering on June 28th, 2019. The insider also acquired 4,761,905 Warrants with an exercise price of $0.300 for 24 months. This represents a $1,000,000 investment into the company's shares and an account share holdings change of greater than 100%.

African Gold Group, is in the Gold Sub Industry Group under the Basic Materials Sector.

African Gold Group Inc is a Canada-based company, which is engaged in the identification, acquisition and exploration of properties for mining of precious and base metals. The Company's principal asset is a mining license located in Mali, West Africa, namely the Kobada Project. The Kobada Project is a gold exploration project with the potential to produce more than 50,000 ounces of gold per annum. The Company's other project is the Madougou Gold Project in Burkina Faso. The Madougou Gold Project is a mid-stage exploration project, located in the north-western region of Burkina Faso. The Company's subsidiaries are: 2516232 Ontario Inc, AGG Barbados Ltd, AGG Ghana Ltd, AGG Mali SARL and Arziki Mining Ltd.

Headlines: Jul 09, 2019


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