Lots of insider selling at TMAC Resources (:TMR)

The following insiders exercised Options and sold stock into the public market.

Terry MacGibbon, a Senior Officer and Director, disposed of 233,333 Common Shares on a direct ownership basis at a price of $5.510 on August 28th, 2019. This represents a $1,285,665 divestment of the company's shares and an account share holdings change of -6.8%.

Ronald Peter Gagel, CFO, disposed of 143,333 Common Shares on a direct ownership basis at a price of $5.510 on August 28th, 2019. This represents a $789,765 divestment of the company's shares and an account share holdings change of -30.6%.

Julia Patricia Micks, a Senior Officer, disposed of 126,666 Common Shares on a direct ownership basis at a price of $5.510 on August 28th, 2019. This represents a $697,930 divestment of the company's shares and an account share holdings change of -59.8%.

Marthinus Wilhelmus Theunissen, a Senior Officer, disposed of 100,000 Common Shares on a direct ownership basis at a price of $5.510 on August 28th, 2019. This represents a $551,000 divestment of the company's shares and an account share holdings change of -59.7%.

David Matthew King, a Senior Officer, disposed of 85,000 Common Shares on a direct ownership basis at a price of $5.510 on August 28th, 2019. This represents a $468,350 divestment of the company's shares and an account share holdings change of -56.9%.

TMAC Resources is in the Gold Sub Industry Group under the Basic Materials Sector.

TMAC Resources, Inc. is a Canada-based gold producer. The Company is involved in the exploration, evaluation and development of the Hope Bay mineral property in the Kitikmeot Region of Nunavut, Canada (Hope Bay Project). Approximately 1,100 square kilometer Hope Bay Project gold deposit has approximately 4.5 million ounces of gold at an average grade of approximately 9.2 grams per ton gold (g/t Au), Inferred Mineral Resources totaling approximately 1.4 million ounces of gold at an average grade of 7.4 g/t Au and proven and probable mineral reserves totaling approximately 3.5 million ounces of gold at an average grade of 7.7 g/t Au.