Ridgway and Smith buying at Rackla Metals (RAK)

Ridgway and Smith buying at Rackla Metals (V:RAK)

Bruce Alexander Smith, a Senior Officer and Director, acquired 1,190,000 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on February 12th, 2020. The insider also acquired 1,190,000 Warrants with an exercise price of $0.150 for one year. This represents a $119,000 investment into the company's shares and an account share holdings change of greater than 100%.

Simon T.P. Ridgway, CEO and Director, acquired 1,150,000 Common Shares and 1,150,000 Warrants on a direct ownership basis. This represents a $115,000 investment into the company's shares and an account share holdings change of 32.6%.

Rackla Metals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Rackla Metals Inc. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of precious and base metals properties. The Company operates through the acquisition and exploration and evaluation activities segment. The Company's properties include Rivier Property; Scarlet Property; Sixty Mile Area, and Face Property. The Rivier Property is located in the Watson Lake Mining District and consists of approximately 120 claims. The Scarlet Property consists of over 740 claims located in the Mayo Mining District. The property is divided into two claim blocks: Scarlet East, which consists of over 230 claims and Scarlet West, which consists of over 510 claims. The Sixty Mile Property consists of approximately 640 claims located in the Dawson Mining District. The Face Property consists of approximately 150 claims located in the Dawson Mining District.