10% holder buying at Arizona Mining (AZ)

10% holder buying at Arizona Mining (V:AZ)

Updated Monday Aug 13, 2018 02:15 AM EDT
South32 International Investment Holdings Pty Ltd, a 10% Holder, acquired 259,927,289 Common Shares on an indirect ownership basis for registered holder South32 North America Projects ULC at a price of $6.200 through a private transaction on August 10th, 2018. This represents a $1,611,549,192 investment into the company's shares and an account share holdings change of greater than 100%.

Arizona Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Arizona Mining Inc., formerly AZ Mining Inc., is a Canada-based junior resource company. The Company is engaged in the acquisition, exploration and if warranted, development of natural mineral resource properties. It operates through mineral exploration and development segment. It is focused on the exploration and development of Hermosa Property. The Hermosa Property is a polymetallic mineral exploration project located in Santa Cruz County approximately 50 miles southeast of Tucson, Arizona and approximately eight miles north of the United States-Mexico border. Its Hermosa Property consists of deposits, including the Taylor Deposit and the Central Deposit. The Taylor Deposit is a lead-zinc-silver carbonate replacement deposit and Central Deposit is a silver-manganese manto oxide development project. The Company holds approximately 25 patented mining claims totaling over 450 acres. The Company has no revenues from operations. The Company's subsidiary is Arizona Minerals Inc.

Headlines: Aug 13, 2018


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