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Michel Fontaine buying at Albert Mining (:AIIM)

Updated Tuesday Jan 23, 2018 02:44 AM EDT

Michel Fontaine, CEO and Director, acquired 2,400,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on January 19th, 2018. The insider also acquired 2,400,000 Warrants with an exercise price of $0.070 for 24 months. This represents a $120,000 investment into the company's shares and an account share holdings change of greater than 100%.

Albert Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Albert Mining Inc, formerly Majescor Resources Inc, is a Canada-based mineral exploration and development company. The Company is engaged in the acquisition, exploration and development of mineral properties in Quebec. The Company's portfolio includes gold and diamond properties. The Company's projects include James Bay-Eastmain, James Bay-Rupert Lithium and Central Quebec-Montagne B. Its Central Quebec-Montagne B project consists of approximately 708 hectares and is located to the southwest of Nemaska lithium's Whabouchi deposit. The Company's project portfolio includes 172 claims in the James Bay, Quebec. The James Bay claims, which cover 2,752 hectares, are located near new Route over 167,320 kilometers (km) north (N) of Chibougamau. The Mistassini uranium property is located in the James Bay territory of northern Quebec. The Company holds 131 claims totaling 6,875 hectares from the Kimberlite-Extension route 169 project. Albert Mining Inc. (AIIM) 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 $120,000.

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