Director and Southern Arc Minerals buying at Tethyan Resources (TETH)

Director and Southern Arc Minerals buying at Tethyan Resources (V:TETH)

Updated Tuesday Jul 03, 2018 01:50 AM EDT
Michael John Andrews, a Director, acquired 2,450,000 Ordinary Shares on a direct ownership basis at a price of $0.250 through a prospectus or prospectus exempt offering on June 29th, 2018. The insider also acquired 1,225,000 Warrants with an exercise price of $0.350 until June 29th, 2021. This represents a $612,500 investment into the company's shares and an account share holdings change of greater than 100%.

Southern Arc Minerals Inc. (SA), a 10% Holder, acquired 1,600,000 Ordinary Shares and 800,000 Warrants on a direct ownership basis. This represents a $400,000 investment into the company's shares and an account share holdings change of 19.1%.

Tethyan Resources plc is a gold and base metal mineral exploration company incorporated in England & Wales. Tethyan is focused on the Tethyan Metallogenic Belt in Eastern Europe, mainly Serbia, where it is acquiring and exploring a portfolio of quality precious and base metals projects with known mineralisation and compelling drill targets. Tethyan emphasises responsible engagement with local communities and stakeholders, and is committed to proactively implementing Good International Industry Practice (GIIP) and sustainable health, safety and environmental management.

Headlines: Jul 03, 2018


Top