Multiple buying at Para Resources (PBR)

Multiple buying at Para Resources (:PBR)

Updated Wednesday May 03, 2017 04:44 PM EDT
Glenn Howard Walsh, a Director and 10% Holder, acquired 3,362,750 Common Shares on an indirect ownership basis for registered holder Conex Services Inc. at a price of $0.200 through a private transaction on April 28th, 2017. The insider also acquired 1,681,375 Warrants with an exercise price of $0.300 for 18 months. This represents a $672,550 investment into the company's shares and an account share holdings change of 8.4%.

Christopher Geoffrey Hampson, CEO and Director, acquired 1,432,625 Common Shares and 716,313 Warrants on an indirect ownership basis for registered holder Hampson Equites Ltd. This represents a $286,525 investment into the company's shares and an account share holdings change of 7.4%.

James Patrick Taylor, CFO and Director, acquired 120,000 Common Shares and 60,000 Warrants on a direct ownership basis. This represents a $24,000 investment into the company's shares and an account share holdings change of greater than 100%.

Para Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Para Resources Inc. is a natural resource company. The Company is engaged in the business of acquiring, exploring and developing properties in Latin and South America. Its segments include the El Limon property as mine under development, and exploration and evaluation assets. Its geographical segments include Colombia, Brazil and Canada. The El Limon mine is a gold mine located near the town of Zaragoza, Colombia. The Company holds interest in the Tucuma gold project. The Tucuma gold project is a gold and copper/gold exploration project, which consists of six mineral concessions covering an area of approximately 11,460 hectares. The Tucuma project is located approximately 20 kilometers from the town of Tucuma, Para State, Brazil. It also holds interests in the Cumaru-Gradaus Gold Project, which is located in Para State, Brazil. It holds interest in certain mining titles and various mining applications located within the Republic of Colombia (collectively the North Otu Properties).


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