Off-market insider buying at Almaden Minerals (AMM)

Off-market insider buying at Almaden Minerals (T:AMM)

James Duane Poliquin, a Senior Officer and Director, acquired 540,000 Common Shares on a direct ownership basis at a price of $0.370 through a prospectus or prospectus exempt offering on March 27th, 2020. The insider also acquired 540,000 Warrants on a direct ownership basis with an exercise price of $0.500 until March 27, 2023.. This represents a $199,800 investment into the company's shares and an account share holdings change of 20.3%.
Almaden Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Almaden Minerals Ltd. is exploration- and development-stage company and is engaged in the exploration and development of exploration and evaluation properties in Canada, the United States and Mexico. The Company is engaged in the business of the acquisition of mineral properties. Its principal property interest includes the Tuligtic Property/Project-Mexico. It has interest in ATW Resources Ltd. (ATW) that holds title in trust for the ATW project. It holds an interest in the Logan property located in the Yukon Territory, Canada. It has approximately two subsidiaries, including Puebla Holdings Inc., which is a holding company and Minera Gorrion, S.A. de C.V., which is an exploration company. Its Ixtaca deposit, the epithermal gold-silver target within the Tuligtic Property, is located approximately eight kilometers northwest of the town of San Francisco Ixtacamaxtitlan. The Company has not generated any revenues from its operations.