Off-market insider buying at Group Ten Metals (PGE)

Off-market insider buying at Group Ten Metals (V:PGE)

Gordon Toll, a Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on June 16th, 2021. The insider also acquired 500,000 Warrants with an exercise price of $0.550 until Jun 16/23. This represents a $400,000 investment into the company's shares and an account share holdings change of greater than 100%.

Three other insiders also participated in the deal in smaller amounts. 

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

Group Ten Metals Inc. is an exploration-stage company. The Company is engaged in acquisition, exploration and development of mineral properties. It focuses on platinum group metals, nickel and copper exploration in the Yukon Territory and Alaska. It is also engaged in gold exploration at adjoining projects in Ontario, which include various zones of gold mineralization. Its Spy, Ultra and Catalyst/CKR claims total over 240 square kilometers in the Kluane Ultramafic Belt. Its Catalyst/CKR claims are positioned adjacent to Wellgreen Platinum's property to the northwest and southeast of Wellgreen's claims. Its Duke Island property consists of approximately 30 unpatented claims located south of Ketchikan in the Alexander Platinum Belt of south east Alaska. Its Drayton-Black Lake project covers over 7,970 contiguous hectares. Its Black Lake claims cover over 6,380 hectares and are located over 20 kilometers east of Sioux Lookout in Northwest Ontario.