Director buying at Desert Lion Energy (DLI)

Director buying at Desert Lion Energy (V:DLI)

Peter McCague, a Director, acquired 1,500,000 Common Shares on a direct ownership basis at a price of $0.070 through a prospectus or prospectus exempt offering on December 13th, 2018. The insider also acquired 750,000 Warrants with an exercise price of $0.200 until December 13, 2020. This represents a $105,000 investment into the company's shares and an account share holdings change of greater than 100%.

Desert Lion Energy is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Desert Lion Energy Inc is Canada-based company, focused on building Namibia's lithium mine to be located around 30 kilometers south east of Karibib and approximately 210 kilometers from the nation's capital of Windhoek. The Company's Rubicon and Helikon mines is located within a 301 square kilometers prospective land package, with known lithium bearing pegmatitic mineralization and the Company is currently in Phase 1 of its production plan, producing and exporting lithium concentrate from stockpiled material. The project site is accessible by road and has access to power, water, rail, port, airport and communication infrastructure.