Multiple buying at Sandy Lake Gold (SLAU)

Multiple buying at Sandy Lake Gold (:SLAU)

Patrick John Sheridan, a 10% Holder, acquired 4,900,000 Common Shares on a direct ownership basis at a price of $0.055 through a prospectus or prospectus exempt offering on February 28th, 2018. The insider also acquired 4,900,000 Warrants with an exercise price of $0.100 for 24 months. This represents a $269,500 investment into the company's shares and an account share holdings change of 26.1%.


On the same terms, Daniel Joseph Noone, CEO and Director, acquired 700,000 Common Shares and 700,000 Warrants on a control or direction basis for registered holder Waterloo Mining Inc. This represents a $38,500 investment into the company's shares and an account share holdings change of 50.0%. Michael James Desmeules, a Director, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis. This represents a $22,000 investment into the company's shares and an account share holdings change of 50.0%. Bruce Rosenberg, a Director, acquired 200,000 Common Shares and 200,000 Warrants on a direct ownership basis. This represents a $11,000 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Daphne McCarthy, a Director, acquired 100,000 Common Shares and 100,000 Warrants on a direct ownership basis. This represents a $5,500 investment into the company's shares and an account share holdings change of 16.5%.

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

Sandy Lake Gold Inc., formerly Lago Dourado Minerals Ltd., is primarily engaged in the business of acquiring and exploring mineral properties. The Company is assessing potential opportunities to acquire properties in Canada. It is focused on advancing its properties in the Sandy Lake district, including the Weebigee project.