Off-market insider buying at Lode Gold Resources (LOD)

Off-market insider buying at Lode Gold Resources (V:LOD)

Updated Thursday Mar 07, 2024 02:45 AM EDT
Coast Capital Management, a 10% Holder, acquired 22,000,000 Common Shares on a control or direction basis for registered holder Coast Capital Midas Master Fund LP at a price of $0.025 through a prospectus or prospectus exempt offering on March 4th, 2024. The insider also acquired 22,000,000 Warrants with an exercise price of $0.050 for 24 months. This represents a $550,000 investment into the company's shares and an account share holdings change of 36.0%.

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

Lode Gold Resources Inc., formerly Stratabound Minerals Corp., is a Canadian exploration and development company with grassroots and advanced exploration properties in prospective mining jurisdictions. Its Golden Culvert and Win Projects, Yukon, covering about 99.5 square kilometers across a 27-kilometer (km) strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch and Snowline Gold's Valley target on its Rogue property in the Selwyn Basin. Its McIntyre Brook Project, New Brunswick, covering about 120 square kilometers and a 17-km strike length in the emerging Triple Fault Gold Belt, is surrounded by Puma Exploration's Williams Brook Project. It is also advancing its Fremont Gold development project in the Mother Lode Gold Belt of California. It also holds a pipeline of early-stage exploration projects.

Headlines: Mar 07, 2024


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