Public market insider selling at Detour Gold (DGC)

Public market insider selling at Detour Gold (T:DGC)

Ruben Wallin, a Senior Officer, exercised Options and disposed of 155,972 Common Shares on a direct ownership basis at prices ranging from $22.170 to $22.270 on August 2nd, 2019. This represents a $3,472,899 divestment of the company's shares and an account share holdings change of -100.0%.

In addition, Dan Schmelzer, a Senior Officer, exercised Options and sold 107,779 Common Shares on a direct ownership basis at a price of $22.280 on August 2nd, 2019. This represents a $2,401,316 divestment of the company's shares and an account share holdings change of -100.0%.

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

Detour Gold Corporation is a Canada-based intermediate gold producing company. The Company is engaged in the acquisition, exploration, development and operation of mineral property interests. Its primary asset is its Detour Lake mine, which is an open pit operation located in northeastern Ontario, approximately 300 kilometers northeast of Timmins and over 180 kilometers by road northeast of Cochrane. Its Detour Lake property consists of a contiguous block of mining claims and leases totaling approximately 620 square kilometers in the District of Cochrane. The Company's projects also include Detour Lake Exploration Block A and Detour Lake Exploration Regional. The Block A near-surface deposit is located approximately one kilometer northwest of the mine and contains a measured and indicated resource of approximately two million ounces, and has completed over 160,000 meters of drilling. The Company controls approximately 630 square kilometers of the Detour Lake Exploration Regional.