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Officer buying at Algold Resources (V:ALG)

Updated Thursday Aug 10, 2017 02:17 AM EDT

Benoit La Salle, a Senior Officer and Director, acquired 800,000 Common Shares on an indirect ownership basis for registered holder PGL Capital Inc. at a price of $0.200 on August 8th, 2017. This represents a $160,000 investment into the company's shares and an account share holdings change of 34.9%.

Algold Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Algold Resources Ltd., formerly Kanosak Capital Venture Corporation, is a junior mineral exploration company. The Company is focused on the exploration and development of gold deposits in West Africa. Its properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt. The Kneivissat property is an exploration license, which covers an area of approximately 830 square kilometers, and is situated approximately 300 kilometers from Nouakchott and over 30 kilometers from the Tasiast Mine. The Legouessi exploration license is located approximately 350 kilometers north of Nouakchott and over 40 kilometers north of the Tasiast Mine. The Tijirit Property covers an area of approximately 1,100 square kilometers and is situated over 30 kilometers south of the Tasiast gold mine. The Akjoujt exploration license covers an area of over 750 square kilometers. Its subsidiaries include Algold Mauritania SARL and Societe Mauritanienne d'Exploration.

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Go to Algold Resources Ltd. (ALG)'s company page

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