Sprott buying at Resource Capital Gold (RCG)

Sprott buying at Resource Capital Gold (T:RCG)

Updated Wednesday Mar 07, 2018 02:52 AM EDT
Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 6,111,111 Common Shares on a direct ownership basis at a price of $0.090 through a private transaction on March 2nd, 2018. He also acquired 3,055,555 Warrants with an exercise price of $0.120 until Mar 2nd, 2020. This represents a $550,000 investment into the company's shares and an account share holdings change of 32.3%.

Resource Capital Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Resource Capital Gold Corp, formerly Reliance Resources Ltd, is a Canada-based mineral exploration company. The Company is engaged in the exploration and development of precious metals. Resource Capital Gold Corp owns interest in the Dufferin Gold Mine, as well as in the Tangier and Forest Hill gold properties, located in Nova Scotia, Canada. The Company also has a joint venture agreement for the acquisition, exploration, development, mining and operation of the Corcoran Canyon property, located in Nye County, Nevada, the United States. The Corcoran Canyon property is an open-pittable silver deposit and hosts a historical silver-gold resource. The Company's subsidiaries are: Reliance Resources (Australia) Pty Limited, Maritime Dufferin Gold Corp and Flex Mining and Exploration Limited, among others.


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