Off-market insider net buying at Northern Sphere Mining (NSM)

Off-market insider net buying at Northern Sphere Mining (C:NSM)

Updated Monday Apr 17, 2017 02:46 AM EDT
2176423 Ontario Ltd., a 10% Holder, acquired 5,000,000 Common Shares on a direct ownership basis at a price of $0.400 and 2,500,000 Warrants on a direct ownership basis exercisable at a price of $0.600 for a period of 24 months through a private transaction on April 10th, 2017. This represents a $2,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Northern Sphere Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Northern Sphere Mining Corp., formerly Argentium Resources Inc., is a Canada-based exploration-stage company. The Company's principal business activity is that of a mineral exploration company, which has been focused on the acquisition and exploration of mineral resources. The Company's segments include USA and Canada. The USA segment is responsible for exploration activities in the United States while the Canadian segment manages corporate head office activities and is responsible for the Canadian mineral exploration activities. The Company has a project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions. The Company's mineral properties include Nye County, Nevada; Arizona, and Scadding. It has over 10 claims in Nye County, Nevada. The Company has joint-ventures in Arizona and Scadding, Ontario for the mining of Arizona properties and certain Scadding, Ontario Properties, respectively.

Headlines: Apr 17, 2017


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