Osisko Metals (OM) has notable insider buying

Osisko Metals (V:OM)

Osisko Metals Incorporated (OM) has a high amount of executive buying compared to its small-cap peers over the past three months. Robert Wares, a Director, acquired 1,600,000 Common Shares on a direct ownership basis at a price of $0.750 through a prospectus or prospectus exempt offering on November 6th, 2018. This represents a $1,200,000 investment into the company's shares and an account share holdings change of 22.4%.

Osisko Metals Inc, formerly Bowmore Exploration Ltd, is a Canada-based base metal exploration and development company with an emphasis on zinc. The Company has approximately 40,000 hectares in the Bathurst Mining Camp (BMC), a zinc-lead-silver producing district. Osisko Metals Inc's objective is to develop a multi-deposit model with historical resources in the BMC. The Company reviews several deposits. In Quebec, the Company has more than 40,000 hectares that cover more than 10 grass-root zinc properties. In parallel, Osisko Metals Inc monitors zinc-oriented peers for other opportunities. Osisko Gold Royalties Ltd is a significant shareholder of Osisko Metals Inc with approximately 20% ownership.