Paul Stephens buying at Revelo Resources (RVL)

Paul Stephens buying at Revelo Resources (V:RVL)

Updated Wednesday May 03, 2017 04:42 PM EDT
Paul H. Stephens, a 10% Holder, acquired 225,000 Common Shares on an indirect ownership basis for registered holder IRA and 3,735,000 Common Shares on an indirect ownership basis for registered holder Paul H. Stephens and Eleanor M. Stephens TTEES U/T/A DTD 7/6/98 at a price of $0.050 through a private transaction on April 27th, 2017. The insider also acquired 3,735,000 Warrants on an indirect ownership basis for registered holder Paul H. Stephens and Eleanor M. Stephens TTEES U/T/A DTD 7/6/98 with an exercise price until April 27, 2019. This represents a $198,000 investment into the company's shares and an account share holdings change of 37.1%.

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

Revelo Resources Corp., formerly Iron Creek Capital Corp., is a mineral exploration company. The Company's principal business activities are the acquisition and exploration of base and precious metals properties in Chile. The Company has an outstanding portfolio of over 20 projects prospective for copper, gold and silver located along proven mineral belts in northern Chile. Its total exposure to mineral tenements is approximately 300,000 hectare, of which approximately 100,000 hectare (over three projects) are subject to third-party exploration expenditures. It holds over 10 copper projects, which include Montezuma, Victoria, Reina Hija, Redondoveronica, Morros Blancos, San Valentino, Bronce Weste and Calvario. It has approximately six gold-silver projects located along the Paleocene Belt, which include San Guillermo, Magallanes, Las Pampas, Loro, Limbo and Reprado. It has approximately three projects within the Coastal Belt of northern Chile, which include T4, Las Animas and Morsas.


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