Off-market insider buying at Generation Mining (GENM)

Off-market insider buying at Generation Mining (T:GENM)

Jamie Levy, CEO and Director, acquired 780,500 Common Shares on a direct ownership basis at prices ranging from $0.280 to $0.320 through a prospectus or prospectus exempt offering on November 21st, 2023. The insider also acquired 156,100 Warrants with an exercise price of $0.500 for 36 months. This represents a $229,760 investment into the company's shares and an account share holdings change of 15.4%.

Generation Mining is in the Non-Gold Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Generation Mining Limited is a Canada-based exploration and development stage company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Company also has a number of other exploration properties located in Canada. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.