Senior officer buying at SilverCrest Metals (SIL)

Senior officer buying at SilverCrest Metals (T:SIL)

Updated Thursday Jan 17, 2019 02:42 AM EDT
Pierre Beaudoin, a Senior Officer, acquired 37,000 Common Shares on a direct ownership basis, 20,000 Common Shares on an indirect ownership basis for registered holder Pierre Beaudoin TFSA, 10,000 Common Shares on a control or direction basis for registered holder Camille Beaudoin TFSA, 3,000 Common Shares on a control or direction basis for registered holder Emile Beaudoin TFSA, 10,000 Common Shares on a control or direction basis for registered holder Marie-Jeanne Beaudoin TFSA and 20,000 Common Shares on a control or direction basis for registered holder Nathalie Beaudoin TFSA at a price of $2.920 through a prospectus or prospectus exempt offering on January 10th, 2019.

The insider also acquired 100,000 Warrants with an exercise price of $4.030 for two years. This represents a $292,000 investment into the company's shares and an account share holdings change of 93.5%.

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

Silvercrest Metals Inc is a Canada-based metals exploration company. The Company is engaged in acquisition and exploration of mineral property interests in Mexico. The Company's projects include Primary Kimberlite Projects, Alluvial and Eluvial Projects and Tailings Re-Treatment Projects. The Company owns interest in DMI Minerals South Africa (Pty) Limited and interests held by the Company's South African Black Economic Empowerment partner Nozala Investments (Pty) Limited. The Company has interest in over two mineral concessions, Cruz de Mayo 2 and El Gueriguito, which are located in Sonora State, Mexico. The Company's Las Chispas, Sonora, Mexico property is located in northeast of Hermosillo, Sonora, Mexico, and consists of approximately 20 concessions. The Company's other projects include The Silver Angel Property, The Estacion Llano Property and The Guadalupe Property, which are located in Mexico.

Headlines: Jan 16, 2019


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