CEO and Director buying at Millennial Lithium (ML)

CEO and Director buying at Millennial Lithium (V:ML)

Updated Friday Mar 16, 2018 01:12 AM EDT
Farhad Abasov, CEO, acquired 50,000 Common Shares on a direct ownership basis at a price of $3.500 through a prospectus or prospectus exempt offering on March 13th, 2018. The insider also acquired 25,000 Warrants on a direct ownership basis at an exercise price of $4.250 for 24 months. This represents a $175,000 investment into the company's shares and an account share holdings change of 26.8%.

In addition, Graham Harris, a Director, acquired 50,000 Common Shares and 25,000 Warrants on a direct ownership basis. This represents a $175,000 investment into the company's shares and an account share holdings change of 2.0%.

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

Millennial Lithium Corp, formerly Redhill Resources Corp, is a Canada-based exploration and development company. The Company is focused on lithium assets located in Argentina. The Company owns interests in Pastos Grandes Lithium Project. The Pastos Grandes Lithium Project is an advanced-stage development project located within the Lithium Triangle. The project is located in the Los Andes Department, in the Central portion of the Puna Block of Salta Province, northwestern Argentina. The project consists of the following mineral property concessions: Jorge Eduardo, Neptali II, El Milagrano and Norte Argentino. It covers a surface area of over 1,000 hectares. The Company owns Cauchari East Lithium Project in Jujuy Province, Argentina. It covers an area of approximately 3,000 hectares on the eastern side of the Cauchari-Olaroz Salar. The Company also owns Lincoln Lithium Property, which covers an area of approximately 3,000 acres of placer claims in the Big Smoky Valley, Nevada.


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