CEO buying at Alabama Graphite (CSPG)

CEO buying at Alabama Graphite (V:CSPG)

Donald Baxter, CEO and Director, acquired 2,666,666 Common Shares on an indirect ownership basis for registered holder 1163863 Ontario Limited at a price of $0.150 and 2,666,666 Warrants with an exercise price of $0.200 for 36 months through a prospectus or prospectus exempt offering on May 5th, 2017. The insider also disposed of 1,333,333 Warrants through a private transaction on May 5th, 2017. This represents a $400,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Alabama Graphite is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Alabama Graphite Corp. is a Canada-based flake graphite exploration and development company. The Company is in the business of acquiring, exploring and developing graphite mineral properties. The Company is engaged in exploration and evaluation of the graphite properties in Alabama, the United States and northern Ontario, Canada. It is focused on the exploration and development of its Coosa Graphite Project in Coosa County, which is located in western Coosa County, east-central Alabama, the United States, in Alabama Graphite Belt. Along with the Coosa Graphite Project, the Bama Mine Project is located in Alabama Graphite Belt.