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Off-market insider buying at Savant Explorations (:SVT)

Updated Wednesday Jun 28, 2017 01:36 AM EDT

Douglas Charles Urch, a Director, acquired 1,600,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on June 26th, 2017. This represents a $80,000 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Varun Prasad, CFO, acquired 500,000 Common Shares on a direct ownership basis. This represents a $25,000 investment into the company's shares and an account share holdings change of greater than 100%.

Savant Explorations is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Savant Explorations Ltd. is a Canada-based exploration-stage mining company. The Company is focused on the exploration and development of mineral resource properties. The Company operates in the segment of exploration of mineral property interests, within approximately four geographical areas, Canada, Chile, the United States and Mexico. The Company holds an interest in the Blue Moon property, which is located approximately 20 miles east of Merced in Mariposa County, California. The Blue Moon property is within the Foothills Massive Sulfide Belt in California and hosted in felsic to mafic volcanic rocks of the Jurassic Gopher Ridge Formation. The Company owns patented and unpatented lode mineral claims totaling approximately 180 hectares in Mariposa County, California. The Company has not generated any revenues.

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