Multiple buying at Lupaka Gold (LPK)

Multiple buying at Lupaka Gold (V:LPK)

Updated Thursday May 25, 2017 02:22 AM EDT
Darryl Fergus Orton Jones, CFO, acquired 667,000 Common Shares on a direct ownership basis at a price of $0.150 through a prospectus or prospectus exempt offering on May 24th, 2017. The insider also acquired 667,000 Warrants with an exercise price of $0.230 for 36 months. This represents a $100,050 investment into the company's shares and an account share holdings change of 36.2%.

On the same terms, Stephen Henderson Silbernagel, a Director, acquired 120,000 Common Shares and 120,000 Warrants on a direct ownership basis. This represents a $18,000 investment into the company's shares and an account share holdings change of 12.2%. Gordon Lloyd Ellis, a Director, acquired 66,667 Common Shares and 66,667 Warrants on a direct ownership basis. This represents a $10,000 investment into the company's shares and an account share holdings change of 2.1%.

Lupaka Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Lupaka Gold Corp. is a gold mineral exploration and development company. The Company's principal activities consist of evaluating, acquiring, exploring and developing gold mining properties in Peru. The Company operates in a segment, being mineral exploration and development. The Company's projects include Invicta Gold project, Crucero Gold project and Josnitoro Gold project. The Invicta Gold project is in a pre-production stage. The Invicta Gold project is located in the Province of Huaura, in the Department of Lima in northwest Peru. The Crucero Gold project is located in southeastern Peru in the Department of Puno, Province of Carabaya, District of Crucero, at an elevation of approximately 4,350 meters above sea level. The Josnitoro is an exploration-stage gold and copper project. The Josnitoro Gold project is located in the Department of Apurimac approximately 600 kilometers by road southeast of Lima in the Department of Apurimac.


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