Eric Sprott buying at Genesis Metals (GIS)

Eric Sprott buying at Genesis Metals (V:GIS)

Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 4,850,000 Common Shares on a direct ownership basis at prices ranging from $0.096 to $0.140 through a private transaction on June 5th, 2017. The insider also acquired 2,425,000 Warrants on a direct ownership basis with exercise prices ranging from $0.200 to $0.230 until June 5th, 2019. This represents a $500,344 net investment into the company's shares and an account share holdings change of greater than 100%.

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

Genesis Metals Corp., formerly Entourage Metals Ltd., is a mineral exploration company. The Company is involved in the acquisition and assessment of mineral properties in Canada. The Company holds interest in Chevrier Gold Property, located near Chibougamau, Quebec. The Chevrier Gold Property covers approximately 15 kilometers of the Fancamp Deformation zone. The Chevrier property consists of approximately 550 contiguous claims, for a total of over 9,540 hectares located in Hauy, Queylus, Fancamp and La Dauversiere Townships, Province of Quebec. The Company also holds interest in October Gold Property, which is located in the Southern Swayze greenstone belt in Benton Township, Ontario, covers approximately 200 square kilometers. The October Gold Property is located within the Abitibi region and straddles a portion of the Ridout Deformation Zone, which hosts the Trelawney Mining Cote Lake Gold Deposit and the Jerome Mine.