Off-market insider buying at Red Lake Gold (RGLD)

Off-market insider buying at Red Lake Gold (C:RGLD)

Ryan Kalt, a Senior Officer, Director and 10% Holder, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on September 4th, 2019. This represents a $125,000 investment into the company's shares and an account share holdings change of 14.7%.

Red Lake Gold is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Red Lake Gold Inc, formerly Pivit Exploration Inc, is Canada-based company, engaged in the business of acquiring and exploring mineral resource properties. The Company's sole property is the Lennac Lake Property in west central British Columbia, west of Babine Lake and approximately 18 kilometers southwest of the town of Granisle, in the Omineca Mining Division. The Property is accessible via a network of logging roads that connect to the nearby Granisle Highway. Red Lake Gold Inc. (RGLD) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $125,000.