Option-related selling at K92 Mining (KNT)

Option-related selling at K92 Mining (T:KNT)

John Lewins, CEO and Director, disposed of 500,000 Common Shares on a direct ownership basis at a price of $6.901 on August 18th, 2020. This represents a $3,450,650 divestment of the company's shares and an account share holdings change of -73.0%.

Graham Wheelock, a Director, disposed of 142,500 Common Shares on a direct ownership basis at a price of $6.681 on August 20th, 2020. This represents a $952,042 divestment of the company's shares and an account share holdings change of -100.0%.

K92 Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

K92 Mining Inc., formerly Otterburn Resources Corp., is engaged in the exploration and development of mineral deposits in Papua New Guinea, specifically the Kainantu Gold Mine that includes Irumafima and Kora deposits. The Company's Kainantu property covers a total area of approximately 410 square kilometers and is located in the Eastern Highlands Province of Papua New Guinea, approximately 180 kilometers west-northwest of Lae. The Kainantu property comprises an exploration license EL1341; a mining license ML150; two mining easements ME80 and ME81, and a license for mining purposes LMP78. The Kora mine is located within ML150 and the main Kainantu exploration camp and processing plant are located within LMP78, which is located within EL693. The Company's EL 1341 covers a total area of over 150 square kilometers and is located to the south of ML150. The ML150 includes Judd, Karempe and other unnamed mineralized lodes. Judd is located approximately 200 meters east of Koraon ML150.