10% holder buying at Jubilee Gold Exploration (JUB)

10% holder buying at Jubilee Gold Exploration (V:JUB)

Direct Business Services Ltd., a 10% Holder, acquired 189,505 Common Shares Class A on a direct ownership basis at prices ranging from $0.540 to $0.600 between July 12th, 2019 and July 16th, 2019. This represents a $113,253 investment into the company's shares and an account share holdings change of 2.7%.

Jubilee Gold Exploration is in the Gold Sub Industry Group under the Basic Materials Sector.

Jubilee Gold Exploration Ltd. is a Canada-based company, which is engaged in the business of exploring its resource properties. The Company's mining claims include Birneys Lake, Dufresnoy, Geary, Harker Township, Mahaffy, Reid, Todd, Warden and Coleman. The Company focuses its exploration activities on Ontario properties, including the Halcrow property in the Porcupine Mining Division, the Munro-North property in the Larder Lake Mining Division and the Leeson-Brackin Property in the Sault-Saint Marie Mining Division. At Halcrow, the Company's soil sampling in the west-central section of the property confirmed the presence of a soil-gold geochemical anomaly extending over 300 meters southward along the east side of a quartz-feldspar-porphyry. At the Leeson-Brackin gold property, the Company completed a reconnaissance soil-geochemical along a section of a north-south trending induced polarization (I.P.) chargeability anomaly in the southwest section of the property. Jubilee Gold Exploration Ltd. (JUB) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $113,253.