Off-market insider buying at Prosper Gold (PGX)

Off-market insider buying at Prosper Gold (V:PGX)

Updated Friday Nov 24, 2023 02:47 AM EDT
Peter Bernier, CEO and Director, acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder Carnivore Capital Corp. at a price of $0.100 through a private transaction on November 22nd, 2023. The insider also acquired 1,000,000 Warrants with an exercise price of $0.200 for 36 months. This represents a $100,000 investment into the company's shares and an account share holdings change of 39.7%.

Two other insiders also participated in smaller amounts.

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

Prosper Gold Corp. is a Canada-based exploration and development company. The principal business activity of the Company is the acquisition, exploration and development of mineral properties in Canada. Its projects include Golden Sidewalk and Star. The Golden Sidewalk is a district-scale gold exploration project covering over 160 square kilometers (km2) of contiguous mineral claims and mining leases in the western Birch-Uchi Greenstone Belt, approximately 60 kilometers (kms) east of Red Lake, Ontario. The Project is situated on the western side of the Birch-Uchi greenstone belt along with the Red Lake Greenstone Belt to the west, forms part of the Uchi Subprovince of the Superior Structural Province. The Star project is a copper-gold discovery located northwest of Telegraph Creek, British Columbia, in the Stikine Arch area of northwestern British Columbia. The property has over 19 mining claims covering across 6,829 hectares (ha) approximately 100 kms southwest of Dease Lake. Prosper Gold Corp. (PGX) 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, three insiders have invested a total amount of $150,000.


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