Robert Wares buying at Komet Resources (KMT)

Robert Wares buying at Komet Resources (:KMT)

Robert Wares, a Senior Officer, Director and 10% Holder, acquired 1,049,600 Common Shares on a direct ownership basis at prices ranging from $0.355 to $0.360 on November 29th, 2017. This represents a $374,856 investment into the company's shares and an account share holdings change of 8.4%.

Komet Resources is in the Gold Sub Industry Group under the Basic Materials Sector.

Komet Resources Inc is a Canada-based gold mining company, which is focused on exploration and production at its projects in Burkina Faso, West Africa. The Company's properties include GUIRO - BURKINA FASO and the Moussala exploration permit. The Moussala exploration permit is located in the Kenieba gold mining camp in the Republic of Mali, West Africa. The Moussala exploration permit title covers over 67 square kilometers. The Moussala permit covers meta-sedimentary and meta-volcanic rocks part of the Birimian Kenieba greenstone belt of Lower Proterozoic age of West Africa. The Company's Guiro-Diouga permit covers approximately 65 square kilometers. The Guiro-Diouga permit is located to the northeast of Burkina Faso within the Namenga and Seno provinces, over 230 kilometers northeast of the capital Ouagadougou. Komet Resources Inc. (KMT) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $374,856.