Mark Peter Brennan, a Senior Officer and Director, acquired 287,000 Common Shares on an indirect ownership basis for registered holder Linear Capital Corp. at a price of $0.634 on April 19th, 2017. This represents a $181,987 investment into the company's shares and an account share holdings change of 51.3%.
Ascendant Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Ascendant Resources Inc, formerly Morumbi Resources Inc., is a Canada-based mining company. The Company is engaged in evaluating resource opportunities. The Company is focused on its operating asset, El Mochito. The El Mochito property is located in northwest Honduras, near the town of Las Vegas, approximately 90 kilometers southwest of San Pedro Sula and 220 kilometers northwest of the capital city, Tegucigalpa. The property consists of an underground zinc-lead-silver mine and a nominal 2,300 tons per day (tpd) concentrator producing zinc and lead concentrates. The Company holds a light oil property in northwest Alberta. In addition, the Company evaluates producing and advanced development stage mineral resource acquisition opportunities, principally in Latin America.