Rob McEwen buying at Enduro Metals (ENDR)

Rob McEwen buying at Enduro Metals (V:ENDR)

Updated Thursday Feb 22, 2024 02:10 AM EDT
Robert R. McEwen, a 10% Holder, acquired 3,000,000 Common Shares on an indirect ownership basis for registered holder Evanachan Limited at a price of $0.400 through a prospectus or prospectus exempt offering on February 16th, 2024. He also acquired 1,500,000 Warrants with an exercise price of $0.800 for three years.? This represents a $1,200,000 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also participated in smaller amounts.

Enduro Metals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Enduro Metals Corporation is a Canada-based exploration company focused on its flagship Newmont Lake Project. The Company is engaged in the identification, acquisition, and exploration of prospective mineral properties in Canada. The Newmont Lake project is a 688 square kilometers (km2) property located between Eskay Creek, Snip and Galore Creek within the heart of northwestern British Columbia's Golden Triangle. The Company's other projects include Burgundy and McLymont. The Burgundy Project is a 206km2 area that the Company views as being prospective for alkalic copper-gold porphyry deposits. The Company's McLymont Project covers an approximately 70 km2 area that it views as being prospective for high-grade gold deposits. The Company also has an interest in Chachi, North Toe and Ken Porphyry. Enduro Metals Corporation (ENDR) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, three insiders have invested a net amount of $1,310,250.


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