Off-market insider buying at Jaxon Minerals (JAX)

Off-market insider buying at Jaxon Minerals (V:JAX)

Emma Fairhurst, a Director, acquired 1,100,000 Common Shares at a price of $0.070 and 1,100,000 Warrants exercisable at a price of $0.120 for a period of 24 months on an indirect ownership basis for registered holder Quaestus Strategies Corp through a prospectus or prospectus exempt offering on April 7th, 2017. This represents a $77,000 investment into the company's shares and an account share holdings change of greater than 100%.

Jason John Cubitt, a Senior Officer and Director, acquired 1,000,000 Common Shares at a price of $0.070 and 1,000,000 Warrants exercisable at a price of $0.120 for a period of 24 months on an indirect ownership basis for registered holder jason Cubitt Holdings Inc.  through a prospectus or prospectus exempt offering on April 21st, 2017. The insider also acquired 1,000,000 Warrants exercisable at a price of $0.100 until October 28, 2017 on an indirect ownership basis for registered holder jason Cubitt Holdings Inc. through a granting of warrants on April 19th, 2017. This represents a $70,000 investment into the company's shares and an account share holdings change of greater than 100%.

Jaxon Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Jaxon Minerals Inc. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral property interests in the Yukon Territory and British Columbia, Canada. The Company holds a purchase agreement to acquire the mineral rights to the ST silver-gold prospect. ST silver-gold prospect lies approximately 120 kilometers northwest of Whitehorse, Yukon. ST silver-gold prospect covers over four claims. The Company holds an option agreement to acquire interest in the Hot Bath copper-gold exploration project. The Hot Bath copper-gold exploration project is located in Northern British Columbia, approximately 200 kilometers north of Stewart and over 30 kilometers southeast of Dease Lake. The Hot Bath copper-gold exploration project consists of approximately 10 mineral claims covering over 3,634.4 hectares. The Company has not generated any revenues.