Eric Sprott buying at Latin American Minerals (LAT)

Eric Sprott buying at Latin American Minerals (:LAT)

Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 8,333,334 Common Shares on a direct ownership basis at a price of $0.120 through a private transaction on May 18th, 2017. The insider also acquired 8,333,334 Warrants with an exercise price of $0.150 for 24 months. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 33.3%.

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

Latin American Minerals Inc. is a mineral exploration company. The Company is engaged in the discovery, acquisition and development of potential mineral deposits in Latin America. The Company's mineral exploration properties include Paso Yobai Gold Project, Paraguay; Repatriacion Gold Project, Paraguay, and Itapoty Diamond Project, Paraguay. The Company's Paso Yobai gold project area consists of approximately 15,020 hectares of mineral rights. The Paso Yobai gold project consists of the concession groups, including the Independencia Mine, which is a permitted mining concession owned by the Company covering over 6,600 hectares, and the license claims covering approximately 8,425 hectares over the X-Mile Trend geologic feature. The Repatriacion Gold Project has an area of approximately 9,000 hectares located over 20 kilometers north of Paso Yobai. The Itapoty diamond project is located in Paraguay approximately 160 kilometers northeast of Asuncion.