Director buying at Stelmine Canada (STH)

Director buying at Stelmine Canada (V:STH)

Updated Monday May 29, 2017 02:10 AM EDT
André Proulx, a Director and 10% Holder, acquired 397,142 Common Shares on a direct ownership basis at a price of $0.280 through a prospectus or prospectus exempt offering on May 25th, 2017. The insider also acquired 198,571 Warrants on a direct ownership basis at an exercise price of $0.350 through a prospectus or prospectus exempt offering on May 25th, 2017. This represents a $111,200 investment into the company's shares and an account share holdings change of 15.4%.

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

Stelmine Canada Ltd. is a Canada-based mining exploration company whose main activities are the exploration in Quebec (Canada). The Company's activities include the acquisition, exploration, production, development and, where possible, operation of mining properties. Its asset portfolio includes PROPERTY OPINACA NORTH and PROPERTY OPINACA SOUTH properties. PROPERTY OPINACA NORTH comprises one block of 13 mining claims covering 680.97 hectares, located in the region of Opinaca on the territory of James Bay in the province of Quebec. PROPERTY OPINACA SOUTH property comprises one block of 26 mining claims covering 1,362.45 hectares, located in the region of Opinaca on the territory of James Bay of the province of Quebec. Stelmine Canada Ltd. (STH) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $111,200.

Headlines: May 29, 2017


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