Off-market insider buying at Lundin Gold (LUG)

Off-market insider buying at Lundin Gold (T:LUG)

Newcrest Mining Limited, a 10% Holder, acquired 202,728 Common Shares on an indirect ownership basis for registered holder Newcrest Canada Inc. at a price of $11.880 through a private transaction on November 24th, 2021. This represents a $2,408,409 investment into the company's shares and an account share holdings change of 0.3%.

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

Lundin Gold Inc. is a Canada-based mining company. The Company's properties in Southeast Ecuador consist of approximately 29 metallic mineral concessions and three construction materials concessions covering an area of approximately 64,609 hectares. The Company's Fruta del Norte deposit is located approximately 150-kilometer-long copper gold metallogenic sub-province located in the Cordillera del Condor region in south eastern Ecuador. The Fruta del Norte deposit is an intermediate sulphidation epithermal goldsilver deposit measuring approximately 1,670 meters. The Fruta del Norte's mineralogy consists of chalcedonic to crystalline quartz, manganese carbonates, calcite, adularia, barite, marcasite, and pyrite, as well as subordinate sphalerite, galena, chalcopyrite, traces of tetrahedrite and silver sulphosalts.