Off-market insider buying at Prosper Gold (PGX)

Off-market insider buying at Prosper Gold (V:PGX)

Updated Wednesday Sep 11, 2019 02:44 AM EDT
Stichting Depositary Plethora Precious Metals Fund, a 10% Holder, acquired 3,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on September 9th, 2019. The insider also acquired 3,000,000 Warrants with an exercise price of $0.080 for 24 months. This represents a $150,000 investment into the company's shares and an account share holdings change of 53.6%.

In addition, Peter Bernier, CEO and Director, acquired 2,000,000 Common and 2,000,000 Warrants on an indirect ownership basis for registered holder Carnivore Capital Corp. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Jason Franklin Hynes, a Director, acquired 600,000 Common Shares and 600,000 Warrants on a direct ownership basis. This represents a $30,000 investment into the company's shares and an account share holdings change of 72.0%.

Prosper Gold is in the Holding Companies Sub Industry Group under the Financials Sector.

Prosper Gold Corp. is a Canada-based exploration and development company. The principal business activity of the Company is the acquisition, exploration and development of mineral properties. The Company is engaged in the exploration and development of the Star property in British Columbia, Canada, and exploration and development of the Ashley Mine Project in Ontario, Canada. The Company's Star property is an alkalic porphyry copper-gold prospect in northwest British Columbia, which is located approximately 105 kilometers west-southwest of Dease Lake and approximately 50 kilometers northwest of Telegraph Creek. The Star property consists of approximately 20 contiguous mineral tenures totaling approximately 6,830 hectares. The Company holds interest in land position surrounding the Ashley Gold Mine and Young Davidson Mine Area in the Cadillac Larder Lake Fault Area, and mineral claims surrounding the Ashley Gold Mine. The Company has not generated any revenues.


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