Multiple insider buying at NRG Metals (NGZ)

Multiple insider buying at NRG Metals (:NGZ)

Adrian Frederick Hobkirk, CEO and Director, acquired 900,000 Common Shares at a price of $0.120 and 900,000 Warrants on placements exercisable at $0.160 for a period of five years on a direct ownership basis through a prospectus or prospectus exempt offering on July 31st, 2019. This represents a $108,000 investment into the company's shares and an account share holdings change of greater than 100%.

Under the same terms:
 
Christopher Cherry, CFO and Director, acquired 700,000 Common Shares and 700,000 Warrants on placements on a direct ownership basis through a prospectus or prospectus exempt offering on July 31st, 2019. This represents a $84,000 investment into the company's shares and an account share holdings change of greater than 100%.

Fernando Erik Villarroel Alcoceer, a Senior Officer and Director, acquired 350,000 Common Shares and 350,000 Warrants on placements on a direct ownership basis through a prospectus or prospectus exempt offering on July 31st, 2019. This represents a $42,000 investment into the company's shares and an account share holdings change of greater than 100%.

Jan Urata, a Senior Officer, acquired 200,000 Common Shares and 200,000 Warrants on placements on an indirect ownership basis for registered holder 1065068 BC Ltd. through a prospectus or prospectus exempt offering on July 31st, 2019. This represents a $24,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

NRG Metals Inc, formerly Codrington Resource Corporation, is a Canada-based exploration stage company evaluating two lithium brine projects, Salar Escondido Lithium and Hombre Muerto North Project, both located in Argentina. The Salar Escondido Lithium project, formerly called Carachi Pampa, comprises mining concessions totaling approximately 29 000 hectares located 280 kilometers southeast of the provincial capital of Catamarca. The project area is located within the Lithium Triangle, in close proximity to one of the lithium deposits in Argentina, and within the Puna Region, an elevated plateau, which lies on the eastern side of the Andes Mountains. The Hombre Muerto North Project is Located in Salta and Catamarca Provinces. The property package of approximately 3 000 hectares is comprised of the Alba Sabrina, Tramo, Natalia Maria, Gaston Enrique, Viamonte and Norma Edit concessions, all located in the Salar del Hombre Muerto in northwestern Argentina.