Pierre Lassonde buying at Foran Mining (FOM)

Pierre Lassonde buying at Foran Mining (T:FOM)

Pierre Lassonde, a 10% Holder, acquired 547,000 Common Shares on a direct ownership basis at a price of $0.915 through a private transaction on February 3rd, 2021. This represents a $500,505 investment into the company's shares and an account share holdings change of 3.9%.

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

Foran Mining Corporation is a Canada-based company, which is engaged in the acquisition, exploration and development of mineral properties. The Company has approximately six properties in Saskatchewan consisting of a total of over 50 claims for over 43,560 hectares, located between 12 and 90 kilometers west of Flin Flon, Manitoba. Its Saskatchewan properties include McIlvenna Bay Property, which is located over 60 kilometers west of Flin Flon, in east central Saskatchewan; Bigstone Property, which consists of over 10 claims totaling approximately 16,120 hectares; Balsam Property, which consists of over seven claims totaling approximately 4,070 hectares; Hanson Property, which includes over two claims totaling approximately 2,560 hectares; Sam Property, which includes over four contiguous claims totaling approximately 1,530 hectares, and Comeback Bay Property, which includes over two claims totaling approximately 180 hectares. It also holds interest in Reed Lake Property in Manitoba. Foran Mining Corporation (FOM) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $500,505.