Glencore buying at Trevali Mining (TV)

Glencore buying at Trevali Mining (T:TV)

Glencore Xstrata plc, a 10% Holder, acquired 49,000,000 Common Shares on a control or direction basis for registered holder Glencore Canada Corporation at a price of $0.185 through a prospectus or prospectus exempt offering on December 2nd, 2020. The insider also acquired 24,500,000 Warrants with an exercise price of $0.230 until June 2, 2022. This represents a $9,065,000 investment into the company's shares and an account share holdings change of 23.2%.

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

Trevali Mining Corporation is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration, development and production from mineral properties. The Company holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property. The Company, through its subsidiary Trevali Peru S.A.C., operates the Santander underground metallurgical plant and mine located in Peru. It is producing zinc and lead-silver concentrates. In Canada, the Company owns through its subsidiaries, the Caribou mine and mill, the Halfmile mine and the Stratmat polymetallic deposit all located in northern New Brunswick. In Peru, the Company's Santander mine operations are approximately 2,000 ton-per-day. In Canada, the Company continues to focus on the commissioning of the Caribou mine and mill in New Brunswick. Its others exploration projects include Ruttan Copper Project, Manitoba, Canada, and Huampar Project, Peru.