Patrick John Sheridan, a 10% Holder, acquired 3,110,000 Common Shares on a direct ownership basis at a price of $0.060 through a prospectus or prospectus exempt offering on September 27th, 2018. The insider also acquired 3,110,000 Warrants with an exercise price of $0.100 for 36 months. This represents a $186,600 investment into the company's shares and an account share holdings change of 11.9%.
In addition, Daniel Joseph Noone, CEO and Director, acquired 335,000 Common Shares and 335,000 Warrants on a control or direction basis for registered holder Waterloo Mining Inc. This represents a $20,100 investment into the company's shares and an account share holdings change of 14.6%. Bruce Rosenberg, a Director, acquired 170,000 Common Shares and 170,000 Warrants on a direct ownership basis. This represents a $10,200 investment into the company's shares and an account share holdings change of 56.5%. Finally, Daphne McCarthy, a Director, acquired 85,000 Common Shares and 85,000 Warrants on a direct ownership basis. This represents a $5,100 investment into the company's shares and an account share holdings change of 12.1%.
Sandy Lake Gold is in the Gold Sub Industry Group under the Basic Materials Sector.
Sandy Lake Gold Inc., formerly Lago Dourado Minerals Ltd., is primarily engaged in the business of acquiring and exploring mineral properties. The Company is assessing potential opportunities to acquire properties in Canada. It is focused on advancing its properties in the Sandy Lake district, including the Weebigee project.
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