Orezone Gold (ORE) has notable insider buying

Orezone Gold (T:ORE)

Orezone Gold Corporation (ORE) has a high amount of executive buying compared to its small-cap peers over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $181,220.Louis Archambeault, a Senior Officer, acquired 1,000 Common Shares on a direct ownership basis at a price of $1.220 through the public market on September 3rd, 2021. This represents a $1,220 investment into the company's shares and an account share holdings change of 0.2%.

Michael Henreid Halvorson, a Director, acquired 150,000 Common Shares on an indirect ownership basis for registered holder Halcorp Capital Ltd. at a price of $1.200 through the public market on September 2nd, 2021. This represents a $180,000 investment into the company's shares and an account share holdings change of 20.8%.

Orezone Gold Corporation is a Canada-based company that is engaged in the exploration and development of gold properties in Burkina Faso, West Africa. The Company owns interest in Bombore Project. The Company's Bombore Project is the undeveloped gold deposit in Burkina Faso. The Bombore is situated approximately 85 kilometers east of the capital city of Ouagadougou which offers infrastructure and simple logistics. The Bombore hosts free digging oxide resources underlain by sulphide resources.