Two buying at AEX Gold (AEX)

Two buying at AEX Gold (:AEX)

Olafsson Eldur, a Senior Officer, Director and 10% Holder, acquired 1,139,805 Common Shares on an indirect ownership basis for registered holder Vatnar ehf at a price of $0.380 through a prospectus or prospectus exempt offering on June 28th, 2019. The insider also acquired 1,139,805 Warrants with an exercise price of $0.450 for 36 months. This represents a $433,126 investment into the company's shares and an account share holdings change of 17.8%.

In addition, Graham Duncan Stewart, a Director, acquired 131,579 Common Shares and 131,579 Warrants on a direct ownership basis. This represents a $50,000 investment into the company's shares and an account share holdings change of 8.8%.

AEX Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

AEX Gold Inc, formerly Alopex Gold Inc, is a Canada-based exploration company, which is engaged in the identification, acquisition, exploration and development of gold properties. Though its wholly owned Greenlandic subsidiary, Nalunaq A/S, the Company has interests in an exploitation license at the advanced exploration stage Nalunaq property including the previously operating Nalunaq Gold Mine and an exploration license at the early exploration stage Tartoq property. The Company's main focus is its Nalunaq property, which hosts a high-grade National Instrument (NI) 43-101 compliant gold resource estimate of approximately 200,000 ounces (oz) at approximately 18 grams per ton (g/t) and a number of near-mine and regional exploration targets.