Fund buying at Constantine Metal Res (CEM)

Fund buying at Constantine Metal Res (V:CEM)

Updated Friday Jun 01, 2018 02:02 AM EDT
Electrum Strategic Opportunities Fund II L.P., a 10% Holder, acquired 6,459,661 Common Shares on a direct ownership basis at a price of $0.680 through a prospectus or prospectus exempt offering on May 29th, 2018. The insider also acquired 6,459,661 Warrants on a direct ownership basis at an exercise price of $1.000 through a prospectus or prospectus exempt offering on May 29th, 2018. This represents a $4,392,569 net investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Kent Wayne Livingstone, a Director, acquired 59,000 Common Shares on a direct ownership basis at a price of $0.680 through a prospectus or prospectus exempt offering on May 29th, 2018. This represents a $40,120 investment into the company's shares and an account share holdings change of 11.7%.

Constantine Metal Res is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Constantine Metal Resources Ltd. is a Canada-based junior exploration company engaged in the exploration and development of several exploration properties. The Company's project includes a polymetallic (copper-zinc-gold-silver) massive sulfide advanced exploration project in southeast Alaska, known as the Palmer Project. It also has gold properties in Ontario and the Yukon. Its Ontario gold projects include the Golden Mile project in the Timmins gold camp and the Munro-Croesus project, which includes the Croesus gold mine located east of the Timmins gold camp. The Palmer project is a volcanogenic massive sulfide (VMS) project, which is located in the coastal southeast Alaska, within approximately 60 kilometers of the deep sea port of Haines. The Golden Mile project is located approximately 30 kilometers east of Timmins and over 10 kilometers northeast of Hoyle Pond Gold Mine. Its Munro-Croesus project consists of Munro-Croesus property, the Four Corners Property and the JM Property.


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