Rosseau Asset Management buying at GPM Metals (GPM)

Rosseau Asset Management buying at GPM Metals (V:GPM)

Updated Tuesday Feb 27, 2018 01:19 AM EDT
Rosseau Asset Management Ltd., a 10% Holder, acquired 2,000,000 Common Shares on a control or direction basis for registered holder Rosseau Limited Partnership and G10-Rosseau Special Situations Master Fund and Rosseau Managed Accounts at a price of $0.050 through a prospectus or prospectus exempt offering on February 23rd, 2018. The insider also acquired 2,000,000 Warrants with an exercise price of $0.100 for 24 months. This represents a $100,000 investment into the company's shares and an account share holdings change of 11.8%.

GPM Metals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

GPM Metals Inc. is an exploration and development company. The Company focuses on acquiring and exploring district scale exploration properties. The Company operates through four geographical segments: Guyana, Canada, Australia and Peru. The Company is conducting exploration programs on approximately two district scale projects in stable jurisdictions. The Company holds interest in the Pasco Project concession, located in the Province of Pasco, Peru. The Company holds interest in the Rory Claim Group, located in the Yukon Territory, Canada. The Company also holds interest in the Weebigee project in the Sandy Lake district, Northwestern Ontario. The Weebigee project consists of approximately 1,400 contiguous claim units. Its Rory Claim Group holds interest in the approximately 40 contiguous claim units covering approximately 630 hectares.


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