Off-market insider buying at Sierra Madre Gold and Sil (SM)

Off-market insider buying at Sierra Madre Gold and Sil (V:SM)

Updated Monday Nov 27, 2023 03:30 AM EDT
Alexander Langer, CEO and Director, acquired 815,000 Common Shares on an indirect ownership basis for registered holder Andros Capital corp at a price of $0.650 through a prospectus or prospectus exempt offering on November 20th, 2023. This represents a $529,750 investment into the company's shares and an account share holdings change of 26.1%.

Sierra Madre Gold and Sil is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Sierra Madre Gold and Silver Ltd is a Canada-based is a mineral exploration company. The Company is focused on the acquisition, exploration and development of the Tepic and La Tigra Properties in Nayarit, Mexico. Its Tepic project is located in the Tepic City, the capital of the State of Nayarit, Mexico. The Company holds over five mining concessions covering a total of approximately 2,612.5 hectares. Its La Tigra project is located approximately 148 kilometers north of the Company's flagship Tepic Project in the state of Nayarit, Mexico. The project consists of over seven mining concessions, totaling approximately 357 hectares, covering historical mines in the Distrito Minero Del Tigre. The Company operates in Canada and Mexico, has minimal physical assets, and is maintaining interests in mineral properties located in Mexico. Its subsidiaries include Pita Exploration Limited (a British Columbia company) and Pita Exploration, S. de R.L. de C.V.

Headlines: Nov 27, 2023


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