10% holders buying at G Mining Ventures (GMIN)

10% holders buying at G Mining Ventures (T:GMIN)

Updated Wednesday Jul 27, 2022 03:07 AM EDT
La Mancha Investments S.a.r.l., a 10% Holder, acquired 82,875,000 Common Shares on a direct ownership basis at a price of $0.800 through a private transaction on July 22nd, 2022. This represents a $66,300,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Eldorado Gold Corporation, a 10% Holder, acquired 32,500,000 Common Shares on a direct ownership basis at a price of $0.800 through a private transaction on July 22nd, 2022. This represents a $26,000,000 investment into the company's shares and an account share holdings change of 69.3%.

Franco-Nevada Corporation, a 10% Holder, filed opening balances of 44,687,500 Common Shares and 11,500,000 Warrants on July 22nd, 2022. This represents a $0 net investment into the company's shares and an account share holdings change of greater than 100%.

G Mining Ventures is in the Gold Sub Industry Group under the Basic Materials Sector.

G Mining Ventures Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of precious metal projects. The Company's projects include Tocantinzinho Project and Cameron Lake Project. Its Tocantinzinho Project is an open-pit gold deposit, which contains approximately 2.0 million ounces of reserves located in Para State, Brazil. The deposit is open at depth, and an underexplored land package, which has exploration potential that may yield satellite mineralized bodies. The 688 square km land package has direct access via approximately 103 km of all-weather roads starting from the national highway, the BR-163, that links the industries in southern Brazil to the city of Belem in the north. The Cameron Lake Project acquires a 100% interest in mineral claims located in the Cameron Lake area in the province of Quebec. G Mining Ventures Corp. (GMIN) 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, three insiders have invested a net amount of $92,300,000.


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