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Public market insider buying at Frontier Lithium (V:FL)

Updated Wednesday Jul 29, 2020 04:44 AM EDT

Reginald Frank Walker, a Director and 10% Holder, acquired 1,400,000 Common Shares on an indirect ownership basis for registered holder 1988109 Ontario Inc. at a price of $0.200 on July 24th, 2020. This represents a $280,000 investment into the company's shares and an account share holdings change of 10.4%.

Frontier Lithium is in the Commodity Chemicals Sub Industry Group under the Basic Materials Sector.

Frontier Lithium Inc., formerly Houston Lake Mining Inc., is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration and development of hard rock, high grade rare metal resource properties. It focuses on elements, including lithium, tantalum, rubidium and cesium by exploring for lithium/cesium/tantalum classified pegmatites. It is exploring its owned and optioned PAK Lithium Project containing the Pakeagama Lake pegmatite in northwestern Ontario, Canada. The PAK Lithium Project is located approximately 160 kilometers north of Red Lake in northwestern Ontario. The PAK Lithium Project consists of over six owned and/or optioned properties. The PAK Lithium Project includes approximately 420 units for over 6,670 hectares. The Pakeagama pegmatite contains rare metals and is located on the Pakeagama Lake Property. It also holds interest in Tib Lake PGM Property, which covers an area of over 2,500 hectares and is located in northwestern Ontario. Frontier Lithium Inc. (FL) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $280,000.

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