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CEO buying at Margaret Lake Diamonds (V:DIA)

Updated Wednesday Jun 14, 2017 01:27 AM EDT

Paul Brockington, CEO, Director and 10% Holder, acquired 1,000,000 Common Shares at a price of $0.100 and 500,000 Warrants exercisable at a price of $0.150 for a period of one year on a direct ownership basis through a private transaction on June 13th, 2017. This represents a $100,000 investment into the company's shares and an account share holdings change of 21.3%.

Margaret Lake Diamonds is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Margaret Lake Diamonds Inc. is a diamond exploration company. The Company is focused on the development of the Margaret Lake and Marlin properties in the Northwest Territories. The Company owns an interest in Margaret Lake Diamond Property, which is located approximately 300 kilometers east-northeast of Yellowknife, Northwest Territories in the District of MacKenzie. The Property lies approximately 80 kilometers north of the East Arm of Great Slave Lake and is bounded to the south by both the Kennady Diamonds and De Beers/Mountain Province Diamonds Gahcho Kue joint venture. The land package consists of approximately 20 mineral claims totaling approximately 48,720 acres. The Company also owns an interest in approximately four additional claims to the north and contiguous to the Margaret Lake Property totaling approximately 3,480 hectares (the Kirk Lake Property). The Company has no operating revenue.

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Go to Margaret Lake Diamonds Inc. (DIA)'s company page

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