Multiple buying at Eastmain Resources (ER)

Multiple buying at Eastmain Resources (T:ER)

Updated Friday Jun 09, 2017 02:39 AM EDT
The following insiders have bought Common Shares at a price of $0.400 through a prospectus or prospectus exempt offering on June 8th, 2017:

Claude Lemasson
, CEO and Director, acquired 1,000,000 Common Shares on a direct ownership basis. This represents a $400,000 investment into the company's shares and an account share holdings change of greater than 100%.

Blair Schultz, a Director, acquired 350,000 Common Shares on a direct ownership basis and 150,000 Common Shares on a control or direction basis for registered holder Blair Schultz Investco Inc. and 150,000 Common Shares on a control or direction basis for registered holder Schultz Family Trust 2016. This represents a $260,000 investment into the company's shares and an account share holdings change of greater than 100%.

Joseph Fazzini, CFO, acquired 300,000 Common Shares on a direct ownership basis at a price. This represents a $120,000 investment into the company's shares and an account share holdings change of greater than 100%.

Michael Hoffman, a Director, acquired 100,000 Common Shares on a direct ownership basis. This represents a $40,000 investment into the company's shares and an account share holdings change of 49.0%.

Laurence Wilson Curtis, 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 50.0%.

Eastmain Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Eastmain Resources Inc. is an exploration-stage company engaged in the exploration of metallic mineral resource properties within Canada. The Company's primary focus is exploration for precious metals in the Eastmain/Opinaca areas of James Bay, Quebec. It owns interest in two gold deposits, which include Eau Claire and the Eastmain Mine, and holds interest in Eleonore South, a mineral exploration joint venture. Its projects include Clearwater, which covers approximately 200 square kilometers of Archean geology; Eastmain Mine Property, which is located approximately 375 kilometers North-East of the town of Chibougamau and comprises over 150 mineral claims, and the Eleonore South Joint Venture, which is an exploration drilling-stage project that lies in the Opinaca geologic Sub-province of James Bay, Quebec. It also owns interest in certain mineral properties comprising the Ruby Hill project; Lac Lessard project; Reservoir property; Lac Hudson project and Lac Elmer project, among others.


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