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Off-market insider buying at Maya Gold & Silver (V:MYA)

Updated Wednesday Mar 15, 2017 01:46 AM EDT

Director Eric Swenden acquired 3,846,154 Common Shares at a price of $0.130 and 3,846,154 Warrants (exercisable at $0.200 until September 11, 2018) on an indirect ownership basis for registered holder Eric Swenden et Claudine Forget-Swenden through a prospectus or prospectus exempt offering on March 10th, 2017. This represents a $500,000 investment into the company's shares and an account share holdings change of 68.3%.

Maya Gold & Silver is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Maya Gold & Silver Inc. (Maya) is an exploration and development company. The Company operates through the mineral exploration, evaluation and development segment. The Company is focused on the acquisition, exploration and evaluation of mineral properties located in Morocco, and is initiating mining and milling operations at its project, the Zgounder property. The Zgounder mine is approximately 260 kilometers east of the port city of Agadir within the Proterozoic Siroua Massif of the Anti-Atlas Range. The Company holds interest in Boumadine property. The Boumadine polymetallic deposit is located within the Ougnat Proterozoic window in western Morocco. The Company also owns Amizmiz property, the Azegour property, the Mining permit No 233263 and the Touchkal property. The Company owns the La Campana property, which is approximately 70 kilometers east of the city of Mazatlan on the banks of the Baluarte River in Mexico.

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