Off-market insider buying at Copper Reef Mining (CZC)

Off-market insider buying at Copper Reef Mining (:CZC)

Updated Thursday Apr 06, 2017 01:26 AM EDT
William John Jackson, a Senior Officer, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a private transaction on April 5th, 2017. The insider also acquired 4,000,000 Warrants on a direct ownership basis at an exercise price of $0.050 for a period of 24 months through a private transaction on April 5th, 2017. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

David Wayne Kendall, CFO, acquired 200,000 Common Shares on a direct ownership basis at a price of $0.025 through a private transaction on April 5th, 2017. The insider also acquired 200,000 Warrants on a direct ownership basis at an exercise price of $0.050 for a period of 12 months through a private transaction on April 5th, 2017. This represents a $5,000 investment into the company's shares and an account share holdings change of 14.5%.

Copper Reef Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Copper Reef Mining Corporation (Copper Reef) is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral concessions with a focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, Canada. The Company's properties in the Flin Flon Greenstone Belt of Manitoba and Saskatchewan are divided into categories, including base metals, gold and diamonds. Its base metal properties are subdivided into dominantly zinc, copper-zinc and dominantly copper. Its properties include Morgan-Woosey-Cook Group, Hanson Lake Mine Property, East Big Island Property-Bartley Lake Group, Kississing Property, Albert-Lew-Amulet-Mur Group, Mink Narrows Property, Sherlynn Lynn Lake Manitoba, Sewell Lake Property, Pine Bay Mine, Smelter Claims, Lucille Lake-Flin Flon, North Star-Gold Rock and Alberts Gold-Gwynne. It focuses on Aimee Lake (Z5), Z4 and the Alberts Lake anomaly in the Alberts Lake area.


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