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Off-market insider buying at Northern Sphere Mining (C:NSM)

Updated Wednesday Apr 12, 2017 01:29 AM EDT

Director and 10% Holder Sheldon Inwentash acquired 625,000 Common Shares on a direct ownership basis at a price of $0.400 and 312,500 Warrants exercisable at $0.600 for a period of two years on a direct ownership basis through a private transaction on April 10th, 2017. Under the same terms, the insider also acquired 150,000 Common Shares on a control or direction basis for registered holder ThreeD Capital Inc. and 75,000 Warrants on an indirect ownership basis for registered holder ThreeD Capital Inc. This represents a $310,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Northern Sphere Mining Corp., formerly Argentium Resources Inc., is a Canada-based exploration-stage company. The Company's principal business activity is that of a mineral exploration company, which has been focused on the acquisition and exploration of mineral resources. The Company's segments include USA and Canada. The USA segment is responsible for exploration activities in the United States while the Canadian segment manages corporate head office activities and is responsible for the Canadian mineral exploration activities. The Company has a project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions. The Company's mineral properties include Nye County, Nevada; Arizona, and Scadding. It has over 10 claims in Nye County, Nevada. The Company has joint-ventures in Arizona and Scadding, Ontario for the mining of Arizona properties and certain Scadding, Ontario Properties, respectively.

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Go to Northern Sphere Mining Corp. (NSM)'s company page

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