CEO and Strategic Metals buying at Silver Range Resources (SNG)

CEO and Strategic Metals buying at Silver Range Resources (V:SNG)

Updated Monday Apr 23, 2018 02:32 AM EDT
Strategic Metals Ltd. (SMD) a 10% Holder, acquired 3,333,333 Common Shares on a direct ownership basis at a price of $0.150 through a prospectus or prospectus exempt offering on April 17th, 2018. The insider also acquired 3,333,333 Warrants with an exercise price of $0.250 until April 17, 2020. This represents a $500,000 investment into the company's shares and an account share holdings change of 35.2%.

Michael Allan Power, CEO, also acquired 70,000 Common Shares and 70,000 Warrants on an indirect ownership basis for registered holder Paladin Geoscience Corp. This represents a $10,500 investment into the company's shares and an account share holdings change of 34.9%.

Silver Range Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Silver Range Resources Ltd. is a Canada-based company, which is engaged in the business of exploring for metals and minerals with an emphasis on silver, zinc and lead. The Company owns interests in approximately four Yukon mineral exploration projects, consisting of over seven mineral properties. Its mineral projects include the Silver Range project, Michelle, Mel and the Barb properties. The Silver Range project is situated in the northern part of the Anvil District in south-central Yukon and hosts of multiple high-grade silver and gold veins, and bulk-tonnage silver-zinc-lead-copper zones. The BP 4 is a mineral claim located near the Keg Deposit within the Silver Range project area. The Michelle property covers various carbonate-hosted, lead-, silver- and gallium-bearing, and non-sulfide and sulfide zinc prospects. The Michelle property consists of over 780 mineral claims. The Company's Barb and Mel projects are located in the Watson Lake Mining District, Yukon Territory, Canada.

Headlines: Apr 23, 2018


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