Off-market insider buying at Desert Gold Ventures (DAU)

Off-market insider buying at Desert Gold Ventures (V:DAU)

Sonny Janda, a Director, acquired 53,572 Common Shares on a direct ownership basis and 1,500,000 Common Shares on an indirect ownership basis for registered holder DMB Holdings Inc. at a price of $0.280 through a prospectus or prospectus exempt offering on September 1st, 2020. The insider also acquired 26,786 Warrants on a direct ownership basis and 376,750 Warrants on an indirect ownership basis for registered holder DMB Holdings Inc. with an exercise price of $0.400 for three years. This represents a $435,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Desert Gold Ventures Inc. is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral resource properties. It holds the Farabantourou exploration and Djimbala permits, through its subsidiary, TransAfrika Mali S.A., located in Mali. The Farabantourou project is located approximately 50 kilometers south of Sadiola and Yatela and is proximal to the SenegalMali shear zone, which hosts the mines Loulo, Sadiola and Yatela, among others. Djimbala is located approximately 220 kilometers south of Bamako and covers an area approximately 120 square kilometers. The Djimbala permit is west of the town of Yanfolila and is surrounded by a number of active gold prospecting permits with gold mineralization. Segala ouest project is located approximately five kilometers north-west of Endeavour's Tabakoto mine. Its subsidiaries include TransAfrika Rwanda Gold S.A.R.L., TransAfrika Mali S.A. and GoldBanks Nevada Ventures Inc.