Multiple buying at Abacus Mining & Expl. (AME)

Multiple buying at Abacus Mining & Expl. (V:AME)

Updated Tuesday Apr 10, 2018 01:42 AM EDT
Michael D. McInnis, a Director, acquired 250,000 Common Shares on a direct ownership basis at a price of $0.200 through a private transaction on April 4th, 2018. The insider also acquired 250,000 Warrants with an exercise price of $0.300 for three year. This represents a $50,000 investment into the company's shares and an account share holdings change of 23.3%.

On the same terms, T. Sean Harvey, a Director, acquired 200,000 Common Shares and 200,000 Warrants on a direct ownership basis. This represents a $40,000 investment into the company's shares and an account share holdings change of 15.9%.

Paul Gordon Anderson, a Senior Officer, acquired 150,000 Common Shares and 150,000 Warrants on a direct ownership. This represents a $30,000 investment into the company's shares and an account share holdings change of greater than 100%.

Kerry Melbourne Spong, a Director, acquired 50,000 Common Shares and 50,000 Warrants on a direct ownership basis. This represents a $10,000 investment into the company's shares and an account share holdings change of 58.8%.

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

Abacus Mining and Exploration Corp (Abacus) is a Canada-based exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral properties in Canada. The Company operates through the mineral resource industry segment. The Company holds interest in KGHM Ajax Mining Inc. (KGHM Ajax), which is focused on the exploration and development of the Ajax copper-gold project located near Kamloops, British Columbia (the Ajax Project). The Ajax Project is a proposed copper-gold open-pit mine in the submission stage of a provincial and federal environmental assessment process. The Ajax project site is located at the southern extremity of the boundaries of the City of Kamloops and southeast along an existing haul road from the Afton mill.


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