Off-market insider buying at Ascot Resources (AOT)

Off-market insider buying at Ascot Resources (T:AOT)

Ccori Apu S.A.C., a 10% Holder, acquired 12,272,000 Common Shares on a direct ownership basis at a price of $0.440 through a prospectus or prospectus exempt offering on February 20th, 2024. This represents a $5,399,680 investment into the company's shares and an account share holdings change of 11.3%.

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

Ascot Resources Ltd. is a development and exploration company. The Company operates through two segments: the development of the Project and exploration and evaluation of Mt. Margaret. It is focused on re-starting the past producing Premier gold mine located in British Columbia's Golden Triangle. The Silver Coin, Big Missouri, and Premier deposits, collectively known as the Premier Gold Project (PGP) are located near the processing facility on the Premier Mine site. The PGP covers about 8,133 hectares (ha). Its Red Mountain Project (RMP) is located 23 kilometers (km), southeast in an adjacent valley. RMP consists of about 47 contiguous mineral claims for a total of approximately 17,125 ha. Its Premier and Red Mountain Gold Projects supply gold and silver ores to the process plant. It also has two other properties, including Swamp Point, an aggregate project located in British Columbia and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in United States.