Fund and director buying at Meridian Mining (MNO)

Fund and director buying at Meridian Mining (T:MNO)

Updated Thursday May 18, 2017 01:40 AM EDT
Sentient Executive GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.), a 10% Holder, acquired 10,284,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on May 16th, 2017. This represents a $4,113,600 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Stefano Haver, a Director, acquired 50,000 Common Shares on a direct ownership basis. This represents a $20,000 investment into the company's shares and an account share holdings change of greater than 100%.

Meridian Mining is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Meridian Mining SE, formerly Cancana Resources Corp is in the exploration stage. The Company is engaged in the process of exploring and developing its mineral properties. Meridian Mining S.E. (MNO) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, two insiders have invested a total amount of $4,133,600.


Top