Off-market insider buying at Namibia Critical Metals (NMI)

Off-market insider buying at Namibia Critical Metals (V:NMI)

Bannerman Energy Ltd, a 10% Holder, acquired 3,983,333 Common Shares on a direct ownership basis at a price of $0.060 through a prospectus or prospectus exempt offering on December 22nd, 2023. The insider also acquired 3,983,333 Warrants with an exercise price of $0.100 until December 22, 2025. This represents a $239,000 investment into the company's shares and an account share holdings change of 4.8%.

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

Namibia Critical Metals Inc. is a Canada-based company that is engaged in exploring and developing a diversified portfolio of critical metals properties. The Company's projects include Lofdal Heavy Rare Earths Project; Grootfontein Gold, Nickel-Copper, Zinc-Lead-Vanadium Project; Otjiwarongo Rare Earths and Gold Project, and Erongo Gold Project. The Company develops Lofdal Heavy Rare Earths Project, which has a deposit of the heavy rare earth metals, dysprosium and terbium. This project is fully permitted with a 25-year mining license and is under a joint venture agreement with the Japan Organization for Metals and Energy Security. The Grootfontein Gold, Nickel-Copper, Zinc-Lead-Vanadium Project area comprises two exclusive prospecting licenses covering approximately 1,392 square kilometers (km2) located 80 kilometers northeast of B2 Gold's Otjikoto Gold Mine and 20 kilometers northeast of Osino Resources Otjikoto East Project. The Erongo Gold Project covers an area of around 263 km2.