Multiple buying at Azarga Metals (AZR)

Multiple buying at Azarga Metals (V:AZR)

Updated Monday Mar 26, 2018 02:19 AM EDT
Vladimir Pakhomov, a Director, acquired 10,500,000 Common Shares on an indirect ownership basis for registered holder OC Management Group Ltd. at a price of $0.150 through a prospectus or prospectus exempt offering on March 16th, 2018. This represents a $1,575,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Alexander Molyneux, a Director and 10% Holder, acquired 9,450,000 Common Shares on a direct ownership basis. This represents a $1,417,500 investment into the company's shares and an account share holdings change of greater than 100%. Blake Albert Steele, a Director, also acquired 2,100,000 Common Shares on a direct ownership basis. This represents a $315,000 investment into the company's shares and an account share holdings change of greater than 100%.

Azarga Metals is in the Uranium Sub Industry Group under the Energy Sector.

Azarga Metals Corp., formerly European Uranium Resources Ltd., is a mineral exploration and development company. The Company is engaged in the exploration of mineral properties in Russia. The Company owns approximately 60% of the Unkur Copper-Silver Project in the Zabaikalsky province in eastern Russia. The Unkur Project is interpreted as a sediment-hosted stratiform copper deposit type. The Company has completed approximately 20 diamond core holes totaling approximately 4,600 cumulative linear meters. The Company has not placed any of its exploration and evaluation assets into production. The Company has not generated any revenues from operations. The Company's subsidiaries include Shilka Metals Ltd, a holding company, and Tuva-Kobalt LLC, a mineral exploration company.

Headlines: Mar 26, 2018


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