Public market insider buying at Meridian Mining (MNO)

Public market insider buying at Meridian Mining (T:MNO)

Henry James Macfarlane Maxey, a 10% Holder, acquired 6,273,500 Common Shares on a direct ownership basis at a price of $0.300 on February 24th, 2021. This represents a $1,882,050 investment into the company's shares and an account share holdings change of 45.7%.

Meridian Mining is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Meridian Mining UK Societas, formerly Meridian Mining SE, is a junior exploration and resource development company. The Company has a suite of natural resource projects in the State of Rondonia, Brazil. The Company is focused on exploring the Espigao Project, the Mirante-da-Serra Project, and the Ariquemes tin portfolio in the state of Rondonia. The Espigao Project is located in the Proterozoic Rondonia-Juruena Province, in the south west margin of the Amazon Craton. The Espigao Project licenses cover an area of approximately 160,480 hectares. Mining activity in Espigao Project is focused on production from colluvial and vein manganese oxide mineralization. Mirante da Serra project has manganese mineralization. The Ariquemes project is located in the Ariquemes tin district, approximately 300 kilometers north of the Company's gold and copper polymetallic project at Espigao d'Oeste. Meridian Mining S.E. (MNO) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $1,882,050.