Off-market insider buying at Metalcorp (MTC)

Off-market insider buying at Metalcorp (V:MTC)

Donald A. Sheldon, CEO and Director, acquired 7,585,835 Common Shares on an indirect ownership basis for registered holder Sheldon Huxtable Professional Corporation at a price of $0.030 through a prospectus or prospectus exempt offering on September 18th, 2020. This represents a $227,575 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Chris Dougherty, a Director, acquired 1,073,500 Common Shares on an indirect ownership basis for registered holder Nordmin Engineering Ltd and 5,666,666 Common Shares on an indirect ownership basis for registered holder Nordmin Holdings Ltd. This represents a $202,205 investment into the company's shares and an account share holdings change of 85.9%.

Pierre Gagne, a Director, acquired 3,583,333 Common Shares on an indirect ownership basis for registered holder 988491 Ontario Ltd. and 2,465,017 Common Shares on an indirect ownership basis for registered holder Pierre Gagne Contracting Ltd. This represents a $181,450 investment into the company's shares and an account share holdings change of greater than 100%.

Justin Paul Garofalo, a Senior Officer, acquired 1,130,000 Common Shares on a direct ownership basis. This represents a $33,900 investment into the company's shares and an account share holdings change of greater than 100%.

Metalcorp is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Metalcorp Limited is a junior exploration company. The Company is engaged in the exploration for mineral deposits in the Northwestern Ontario region of Canada. The Company's properties include Hemlo East (Gold) Property, which consists of over two claim groups, including The Fearless and Python claim groups; Black Bear (Gold) Property, which consists of approximately 20 claims covering over 2,540 hectares situated approximately 20 kilometers northeast of the community of Red Lake; Big Lake Property, which is located approximately 10 kilometers southwest of the Hemlo gold mines, Ontario; Greater North Rock Property, which is located approximately 20 kilometers east of Fort Frances; Pickle Lake Property, which is located over 10 kilometers northeast of the community of the Town of Pickle Lake in North-Western Ontario, and River Gold (Gold) & Moly (Molybdenum) Property, which is located approximately 60 kilometers south of the community of White River in North-western Ontario.