Off-market insider buying at Aurcana (AUN)

Off-market insider buying at Aurcana (V:AUN)

Kevin Cameron Drover, CEO and Director, acquired 228,000 Common Shares on a direct ownership basis at a price of $1.000 through a prospectus or prospectus exempt offering on December 27th, 2018. The insider also acquired 228,000 Warrants at an exercise price of $1.250 for 3 years. This represents a $228,000 investment into the company's shares and an account share holdings change of 43.4%.

Aurcana is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Aurcana Corp (Aurcana) is a Canada-based company engaged in the exploration, development and operation of natural resource properties. The Company's principal development property is the Shafter silver property (Shafter), located in Presidio County, Texas through the Company's wholly-owned the United States subsidiary Silver Assets Inc. The site has infrastructure, both in terms of year-round access via a paved highway, utility power and mine site facilities. The Company's segments include the Shafter Silver property , and Corporate and other. The Company is owner of several intermediate holding companies, such as Cane Silver Inc a Barbados corporation, Perforadora Aurcana S.A. de R.L. de C.V, Minera Aurcana S.A. de C.V, Real de Maconi S.A de C.V, and Rio Grande Mining Company.