CEO and CFO insider buying at Core Gold (CGLD)

CEO and CFO insider buying at Core Gold (V:CGLD)

Updated Monday May 07, 2018 02:30 AM EDT
Keith Piggott, CEO and Director, acquired 1,742,500 Common Shares on a direct ownership basis at a price of $0.300 through a prospectus or prospectus exempt offering on May 4th, 2018. The insider also acquired 871,250 Warrants with an exercise price of $0.450 for two years. This represents a $522,750 investment into the company's shares and an account share holdings change of 16.7%.

In addition, Gregg J. Sedun, a Director, acquired 194,730 Common Shares and 97,365 Warrants on a direct ownership basis. This represents a $58,419 investment into the company's shares and an account share holdings change of greater than 100%.

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

Core Gold Inc, formerly Dynasty Metals & Mining Inc, is a Canada-based gold mining company with operations in southern Ecuador. The Company's assets are: the Dynasty Goldfield Project, the Zaruma Gold Mine and Mill, as well as the Jerusalem Gold Project located approximately 30 kilometers (km) south of the Fruta del Norte project. The Dynasty District is an approximately 50,000-hectare land package host to an approximately 30 km by 90 km long copper gold belt extending from the Peruvian border on its southern edge approximately 90 kilometers north-east towards Zaruma, Ecuador. The Dynasty District is an extension of the prolific Peruvian copper gold trend and includes more than four known production and exploration targets, with gold-copper porphyry and epithermal vein potential.

Headlines: May 07, 2018


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