Off-market insider buying at EnGold Mines (EGM)

Off-market insider buying at EnGold Mines (V:EGM)

Updated Monday Apr 17, 2017 02:40 AM EDT
Anton Novak, a 10% Holder, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.500 through a private transaction on April 12th, 2017. The insider also acquired 1,000,000 Warrants on a direct ownership basis exercisable at a price of $0.600 for a period of two years through granting of warrants on April 12th, 2017. This represents a $500,000 investment into the company's shares and an account share holdings change of 4.1%.

EnGold Mines is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

EnGold Mines Ltd., formerly GWR Resources Inc., is a Canada-based exploration-stage company. The Company is a mineral exploration company focused acquisition, exploration and development of mineral properties. Its principal focus is the exploration and development of Lac La Hache property located approximately 17 kilometers north northeast of Lac La Hache in south central British Columbia. The Lac La Hache properties include Miracle/Murphy, Peach Lake, Ann and Murphy Lake. The property hosts gold, copper, silver and magnetite within porphyry/skarn geological settings. It covers various drilled prospects, including the Aurizon Gold-Silver-Copper Zone, the Spout Magnetite-Copper Deposit and the Berkey Porphyry Prospect. The Aurizon Zone is located in the southeast corner of the Lac La Hache Property. The Spout Magnetite-Copper Deposit is located to the north of the Lac La Hache Property and hosts skarn-style copper-magnetite mineralization.

Headlines: Apr 17, 2017


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