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Fund and Director buying at Royal Road Minerals (V:RYR)

Updated Friday Apr 21, 2017 01:50 AM EDT

Polygon Mining Opportunity Master Fund, a 10% Holder, acquired 6,500,000 Ordinary Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on April 20th, 2017. The insider also acquired 3,250,000 Warrants with an exercise price of $0.200 for 24 months. This represents a $650,000 investment into the company's shares and an account share holdings change of 35.9%.

In addition, Peter James Mullens, a Director, acquired 1,000,000 Ordinary Shares and 500,000 Warrants on a direct ownership basis. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

Royal Road Minerals is in the Gold Sub Industry Group under the Basic Materials Sector.

Royal Road Minerals Limited, formerly Tigris Resources Limited, is a gold and copper focused exploration and development company. The Company is focused on the exploration and development of the La Golondrina gold mining project. The La Golondrina Project is an underground mine development project and is located approximately five kilometers north-west of the municipality of Los Andes-Sotomayor within the La Llanada gold district, Narino Department, in southwestern Colombia. The La Redencion Project is an underground mine development project located approximately 450 meters north of the license boundary of the La Golondrina gold project in the Narino Province of southern Colombia.

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Go to Royal Road Minerals Limited (RYR)'s company page

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