Southern Arc Minerals buying at Japan Gold (JG)

Southern Arc Minerals buying at Japan Gold (V:JG)

Updated Tuesday Jun 02, 2020 02:23 AM EDT
Southern Arc Minerals Inc. (SA), a 10% Holder, acquired 3,520,000 Common Shares on a direct ownership basis at a price of $0.250 through a prospectus or prospectus exempt offering on May 29th, 2020. The insider also acquired 1,760,000 Warrants on a direct ownership basis at an exercise price of $0.400 through a prospectus or prospectus exempt offering on May 29th, 2020. This represents a $880,000 investment into the company's shares and an account share holdings change of 9.6%.

Japan Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Japan Gold Corp, formerly Sky Ridge Resources Ltd, is a Canada-based gold exploration company that focuses on assets in Japan. Its project areas include Ikutawara, Numanoue, Aibetsu, Buho, Ponkutosan, Minamikyabe, Kobui and Eboshi. The main shareholder of the Company is Southern Arc Minerals Inc.


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