Off-market insider buying at Meridian Mining (MNO)

Off-market insider buying at Meridian Mining (T:MNO)

Henry James Macfarlane Maxey, a 10% Holder, acquired 10,000,000 Common Shares on a direct ownership basis at a price of $0.350 through a prospectus or prospectus exempt offering on April 9th, 2024. This represents a $3,500,000 investment into the company's shares and an account share holdings change of 31.5%.

On the same day, three other insiders also reported participating in smaller amounts.

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

Meridian Mining UK Societas is focused on the development and exploration of the advanced stage Cabacal VMS gold-copper project, on regional scale exploration of the Cabacal VMS belt, on exploration in the Jauru and Araputanga Greenstone belts located in the State of Mato Grosso, Brazil and exploring the Espigao polymetallic project in the State of Rondonia, Brazil. Its Cabacal project has licenses covering approximately 50 kilometers (km) of 55 (km) VMS belt. Its Mirante da Serra manganese project controls approximately 61,552 hectares exploration licenses composed of two exploration licenses, and approximately four exploration applications. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Ariquemes project is located in the Ariquemes tin district, approximately 300 (km) north of the Meridian's Cu-Au polymetallic project.