Public market insider buying at Mandalay Resources (MND)

Public market insider buying at Mandalay Resources (T:MND)

Azvalor Asset Management Sgiic, a 10% Holder, acquired 103,130 Common Shares on an indirect ownership basis for registered holder MC SICAV S.A.- AZVALOR ALTUM at prices ranging from $1.700 to $1.790 between August 28th, 2020 and September 2nd, 2020. This represents a $179,215 investment into the company's shares and an account share holdings change of 1.0%.

Mandalay Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Mandalay Resources Corporation is a gold, silver and antimony producer engaged in mining and related activities, including acquisition, exploration, extraction, processing and reclamation. The Company's segments include Australia, Chile, Sweden and Canada. The Company's producing assets are its Costerfield gold-antimony mine in Victoria, Australia; its Cerro Bayo silver-gold mine in Patagonia, Chile; and its Bjorkdal gold mine in northern Sweden. The Company focuses on Challacollo silver-gold project near Iquique, Chile. The Company conducts exploration on near-mine and district targets at its operating and feasibility stage projects. Its Costerfield is an underground gold-antimony mine located in the state of Victoria, Australia. Cerro Bayo is an underground silver-gold mine located in the Aysen Province of southern Chile. Bjorkdal is an underground and open pit gold mine located in northern Sweden. Challacollo is a silver-gold deposit located in Region I, Northern Chile. Mandalay Resources Corporation (MND) has below median officer and director direct ownership compared to its small-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 $179,215.