Ridgway and others buying at Volcanic Gold Mines (VG)

Ridgway and others buying at Volcanic Gold Mines (V:VG)

Simon T.P. Ridgway, a Director, acquired 600,000 Common Shares on a direct ownership basis at a price of $0.250 through a prospectus or prospectus exempt offering on July 27th, 2020. The insider also acquired 300,000 Warrants with an exercise price of $0.300 for two years. This represents a $150,000 investment into the company's shares and an account share holdings change of 79.9%.

Three other insiders also participated in smaller amounts.

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

Volcanic Gold Mines Inc, formerly Volcanic Metals Corp, is a Canada-based exploration company engaged in the identification, acquisition, exploration and development of natural resource properties in Canada. The Company holds all of the issued and outstanding share capital of Sovereign Mines of Africa Ltd (Sovereign Mines). Sovereign Mines holds over 70% interest in a series of exploration permits located in Guinea commonly referred to as the Mandiana Project.