Off-market insider buying at Signature Resources (SGU)

Off-market insider buying at Signature Resources (V:SGU)

Updated Friday Dec 15, 2023 02:55 AM EDT
John Daniel Denbow, a Senior Officer, acquired 2,800,000 Common Shares on a direct ownership basis at a price of $0.025 through a private transaction on December 13th, 2023. This represents a $70,000 investment into the company's shares and an account share holdings change of 33.6%.

Paolo Lostritto, a Director, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.025 through a prospectus or prospectus exempt offering on December 13th, 2023. This represents a $50,000 investment into the company's shares and an account share holdings change of greater than 100%.

Signature Resources is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Signature Resources Ltd. is a Canada-based exploration company. The Company's principal business activity is the identification, evaluation and exploration of mineral resource assets in Canada, with a focus on precious metals. The Company is engaged in exploring its Lingman Lake gold property located within the prolific Red Lake district in Northwestern Ontario, Canada. The property is situated in the Lingman Lake Greenstone belt consisting of a complexly folded assemblage, of mafic metavolcanics, felsic metavolcanics and metasedimentary rocks. The project has an approximately 234,000-ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. The Company's Lingman Lake gold property consists of approximately 1,300 staked claims, four freehold full patented claims and 14 mineral rights patented claims totaling approximately 24,761 hectares.


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