Off-market insider buying at NRG Metals (NGZ)

Off-market insider buying at NRG Metals (:NGZ)

Corsurex Resource Corp., a 10% Holder, acquired 2,774,498 Common Shares on a direct ownership basis at a price of $0.210 through a prospectus or prospectus exempt offering on June 5th, 2020. The insider also acquired 2,774,498 Warrants with an exercise price of $0.350 until June 5th 2025 . This represents a $582,645 investment into the company's shares and an account share holdings change of 84.1%.

NRG Metals is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

NRG Metals Inc, formerly Codrington Resource Corporation, is a Canada-based exploration stage company evaluating two lithium brine projects, Salar Escondido Lithium and Hombre Muerto North Project, both located in Argentina. The Salar Escondido Lithium project, formerly called Carachi Pampa, comprises mining concessions totaling approximately 29 000 hectares located 280 kilometers southeast of the provincial capital of Catamarca. The project area is located within the Lithium Triangle, in close proximity to one of the lithium deposits in Argentina, and within the Puna Region, an elevated plateau, which lies on the eastern side of the Andes Mountains. The Hombre Muerto North Project is Located in Salta and Catamarca Provinces. The property package of approximately 3 000 hectares is comprised of the Alba Sabrina, Tramo, Natalia Maria, Gaston Enrique, Viamonte and Norma Edit concessions, all located in the Salar del Hombre Muerto in northwestern Argentina.