Multiple buying at Labrador Gold (LAB)

Multiple buying at Labrador Gold (V:LAB)

Updated Monday Jun 29, 2020 04:54 AM EDT
Stichting Depositary Plethora Precious Metals Fund, a 10% Holder, acquired 1,100,000 Common Shares on a direct ownership basis at a price of $0.175 through a prospectus or prospectus exempt offering on June 26th, 2020. The insider also acquired 1,100,000 Warrants with an exercise price of $0.300 until June 25, 2022.. This represents a $192,500 investment into the company's shares and an account share holdings change of 12.8%.

Two other insiders also bought units in smaller amounts.

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

Labrador Gold Corp, formerly Nikos Explorations Ltd is a Canada-based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. The Company aims its investments towards three properties: The Ashuanipi project, The Nain gold project and The Hopedale greenstone properties. The Ashuanipi gold project is located around 35km from the iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The Nain gold project comprises three claim blocks, two of which lie along the Nain-Churchill terrane boundary. The Hopedale greenstone properties cover much of the Hunt River and Florence Lake greenstone belts that stretch over 80km.

Headlines: Jun 29, 2020


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