Multiple insider buying at Goldshore Resources (GSHR)

Multiple insider buying at Goldshore Resources (V:GSHR)

Brian Alexander Paes-Braga, a 10% Holder, acquired 15,000,000 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on November 20th, 2023. The insider also acquired 15,000,000 Warrants with an exercise price of $0.130 for 36 months. This represents a $1,500,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Four other insiders also participated.

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

Goldshore Resources Inc. is a Canada-based junior gold development company. The Company is focused on the acquisition and evaluation of precious metal mineral properties in Canada. It owns 100% of the Moss Gold Project located in Ontario. The Moss Gold Project is located approximately 100 km west of the city in Thunder Bay, Ontario, Canada and is accessed via Highway 11 (Trans-Canada Highway), which passes through the northern boundary of the Project. The Moss Gold Project is comprised of approximately 403 Mineral Claims (14,450 hectares), approximately two mining leases (215 hectares), 48 Patents (836 ha), and five mining licenses of occupation (534 hectares) for a total project area of 160.36 approximately in the Thunder Bay South Mining Division. Its wholly owned subsidiary is Moss Lake Project Inc. Goldshore Resources Inc. (GSHR) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, five insiders have invested a net amount of $1,730,000.