Off-market insider buying at Canstar Resources (ROX)

Off-market insider buying at Canstar Resources (V:ROX)

Updated Tuesday Feb 18, 2020 04:17 AM EDT
Dennis Peterson, a Senior Officer and Director, acquired 2,500,000 Common Shares on a control or direction basis for registered holder Spouse at a price of $0.050 through a prospectus or prospectus exempt offering on February 14th, 2020. This represents a $125,000 investment into the company's shares and an account share holdings change of greater than 100%.

Sam Yee Cheng Leung, a Director, acquired 300,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on February 14th, 2020. This represents a $15,000 investment into the company's shares and an account share holdings change of 85.7%.

Canstar Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Canstar Resources Inc. is a Canada-based mineral exploration company. The Company is focused primarily on the acquisition, exploration and development of mineral properties located in Canada. The Company is primary focused on to reinvigorate base metal camps in Newfoundland. The Company has assembled a portfolio of projects, with initial focus on the Buchans-Mary March polymetallic project and the Daniel's Harbour Zinc project. The Company's Mary March Property is a zinc-silver-lead-copper-gold property covering approximately 4,129 hectares; Mary March Extension Property, which is a zinc-silver-lead copper-gold property and consists of over 92 claims staked in approximately two contiguous blocks. Its Daniel's Harbour project is composed of 100% interest in two licenses and comprises 360 claims. Its Kate Project covers approximately 70 square kilometers and is located in central Newfoundland and hosts mineralization reminiscent of zinc-lead-copper-gold and silver deposits. Canstar Resources Inc. (ROX) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $140,000.

Headlines: Feb 18, 2020


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