Public market insider selling at Ivanhoe Mines (IVN)

Public market insider selling at Ivanhoe Mines (T:IVN)

Setha Patricia Makhesha, a Senior Officer and Subsidiary Executive, disposed of 426,565 Common Shares Class A on a direct ownership basis at prices ranging from $11.730 to $11.895 between March 31st, 2022 and April 1st, 2022. This represents a $5,033,241 divestment of the company's shares and an account share holdings change of -100.0%.

Mark Eric Sumner, a Senior Officer, disposed of 80,000 Common Shares Class A on a direct ownership basis at prices ranging from $11.670 to $11.830 between March 31st, 2022 and April 1st, 2022. This represents a $942,151 divestment of the company's shares and an account share holdings change of -98.7%.

Ivanhoe Mines is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Ivanhoe Mines Ltd is a Canada-based mining development and exploration company. It is focused on the exploration, development and recovery of minerals and precious metals from its property interests located primarily in Africa. The Company's project includes Kamoa-Kakula Project, Western Foreland Project, Kipushi Project and Platreef Project. The Kamoa-Kakula Copper Project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers west of the town of Kolwezi and about 270 kilometers(km) west of the provincial capital of Lubumbashi. Its Western Foreland project is located to the north, south and west of the Kamoa-Kakula Project. Its Kipushi Project lies adjacent to the town of Kipushi and the border with Zambia, and approximately 30 km southwest of the provincial capital of Lubumbashi. Its Platreef Project is located approximately 8 km from Mokopane and 280 km northeast of Johannesburg, South Africa.