Public market insider buying at Ascendant Resources (ASND)

Public market insider buying at Ascendant Resources (T:ASND)

Mark Peter Brennan, a Senior Officer and Director, acquired 200,000 Common Shares on a direct ownership basis at a price of $0.600 on April 25th, 2017. This represents a $120,000 investment into the company's shares and an account share holdings change of 11.9%.

Ascendant Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Ascendant Resources Inc, formerly Morumbi Resources Inc., is a Canada-based mining company. The Company is engaged in evaluating resource opportunities. The Company is focused on its operating asset, El Mochito. The El Mochito property is located in northwest Honduras, near the town of Las Vegas, approximately 90 kilometers southwest of San Pedro Sula and 220 kilometers northwest of the capital city, Tegucigalpa. The property consists of an underground zinc-lead-silver mine and a nominal 2,300 tons per day (tpd) concentrator producing zinc and lead concentrates. The Company holds a light oil property in northwest Alberta. In addition, the Company evaluates producing and advanced development stage mineral resource acquisition opportunities, principally in Latin America.