Zebra and Lorito buying at Bluestone Resources (BSR)

Zebra and Lorito buying at Bluestone Resources (V:BSR)

Updated Wednesday Mar 20, 2019 02:55 AM EDT
Zebra Holdings and Investments S.?.r.l., a 10% Holder, acquired 2,845,262 Common Shares and 1,422,631 Warrants on a direct ownership basis with an exercise price of $1.650 for 24 months through a prospectus or prospectus exempt offering on March 19th, 2019. This represents a $3,556,578 investment into the company's shares and an account share holdings change of 18.8%.

In addition, Lorito Holdings S.?.r.l., a 10% Holder, acquired 1,503,959 Common Shares and 751,980 Warrants on a direct ownership basis. This represents a $1,879,949 investment into the company's shares and an account share holdings change of 18.8%.

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

Bluestone Resources Inc. is a Canada-based exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties in North America. The Company operates through the acquisition, exploration and development of exploration and evaluation assets in Canada and the United States segment. The Company operates Mohave Copper Porphyry Project. The Mohave Copper Porphyry Project is located in Arizona. The Mohave Project is located in northwestern Arizona and is interpreted as a copper porphyry deposit with silver and molybdenum byproducts. The Company's subsidiaries include Mohave Resources Inc., Four Point Construction Inc., 864396 BC Ltd. and Bluestone Resources (Alaska), Inc. The Company has not generated any revenues. Bluestone Resources Inc. (BSR) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $5,436,526.


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