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 122,878 Common Shares on an indirect ownership basis for registered holder Azvalor Blue Chips FI, 163,944 Common Shares on an indirect ownership basis for registered holder MC SICAV S.A. - AZVALOR INTERNATIONAL, 59,759 Common Shares on an indirect ownership basis for registered holder MC SICAV S.A.- AZVALOR ALTUM and 126,015 Common Shares on an indirect ownership basis for registered holder MC SIF SICAV - AZVALOR ULTRA SUB FUND at prices ranging from $2.14 to $2.180 between January 11th and 14th, 2021. This represents a $1,016,165 investment into the company's shares and an account share holdings change of 4.4%.

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.