Two buying at Altamira Gold (ALTA)

Two buying at Altamira Gold (V:ALTA)

Updated Thursday May 16, 2019 02:09 AM EDT
Michael Bennett, CEO, acquired 672,800 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on May 15th, 2019. The insider also acquired 672,800 Warrants on a direct ownership basis with an exercise price of $0.150 for two years. This represents a $67,280 investment into the company's shares and an account share holdings change of 17.8%.

In addition, Alan Carter, a Director, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis. This represents a $40,000 investment into the company's shares and an account share holdings change of 20.2%.

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

Altamira Gold Corp, formerly Equitas Resources Corp, is a Canada-based junior natural resource company. The Company is focused on the exploration and development of gold deposits within western central Brazil. The Company holds 12 projects comprising approximately 200,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold. The Company's advanced Cajueiro project has NI 43-101 compliant resources of 8.64Mt @ 0.77 g/t Au (for 214,000oz) in the Indicated resource category and 9.53Mt @ 0.66 g/t Au (for 282,000oz) in the Inferred Resource category and an additional 1.37Mt @ 1.78 g/t Au in oxides (for 78,400oz in saprolite) in the Inferred resource category.


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