Robert Stuart Angus, a Director, acquired 93,750 Common Shares on a direct ownership basis at a price of $0.800 through a private transaction on June 20th, 2017. This represents a $75,000 investment into the company's shares and an account share holdings change of 4.6%.
John Stalker,
a Director, acquired 62,500 Common Shares at a
price of $0.800 and 62,500 Warrants exercisable at $1.050 for a period of 12 months on an
indirect ownership basis for registered holder J. Stalker Discretionary
Settlement through a prospectus or
prospectus exempt offering on June 27th, 2017. This represents a $50,000
investment into the company's shares and an account share holdings
change of greater than 100%.
K92 Mining is in the Gold Sub Industry Group under the Basic Materials Sector.
K92 Mining Inc., formerly Otterburn Resources Corp., is engaged in the exploration and development of mineral deposits in Papua New Guinea, specifically the Kainantu Gold Mine that includes Irumafima and Kora deposits. The Company's Kainantu property covers a total area of approximately 410 square kilometers and is located in the Eastern Highlands Province of Papua New Guinea, approximately 180 kilometers west-northwest of Lae. The Kainantu property comprises an exploration license EL1341; a mining license ML150; two mining easements ME80 and ME81, and a license for mining purposes LMP78. The Kora mine is located within ML150 and the main Kainantu exploration camp and processing plant are located within LMP78, which is located within EL693. The Company's EL 1341 covers a total area of over 150 square kilometers and is located to the south of ML150. The ML150 includes Judd, Karempe and other unnamed mineralized lodes. Judd is located approximately 200 meters east of Koraon ML150.
No Comments