Public market insider selling at Rupert Resources (RUP)

Public market insider selling at Rupert Resources (T:RUP)

Alan Douglas Brimacombe, a 10% Holder, disposed of 1,000,000 Common Shares on a direct ownership basis at a price of $5.600 on January 5th, 2022. This represents a $5,600,000 divestment of the company's shares and an account share holdings change of -5.5%.

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

Rupert Resources Ltd. is a gold exploration and development company. The Company is engaged in the acquisition and exploration of mineral properties in Canada. It is seeking out viable mineral exploration and evaluation opportunities and its primary projects located in Finland. The Company's exploration and evaluation assets include Rupert Lapland Project, Gold Centre property, Surf Inlet Project and Hirsikangas deposit. The Rupert Lapland Project is located in the Central Lapland Greenstone Belt in Northern Finland consisting of Ikkari Discovery, permitted Pahtavaara mine and mill within a total land package of approximately 595 square kilometers. The Gold Centre property lies to the southeast and within the shadow of the headframe of Red Lake Mine. The operating property consists of approximately 258 hectares made up of one lease containing 16 claims. The Hirsikangas deposit in Central Finland is a Palaeoproterozoic orogenic gold deposit located on a crustal scale shear zone.