Glenn J Mullan, CEO and Director, disposed of 19,323 Common Shares on a direct ownership basis at a price of $9.000 through a private transaction on July 25th, 2017. This represents a $173,907 divestment of the company's shares and an account share holdings change of -17.4%.
On the same terms, Jens Zinke, a Director, disposed of 11,986 Common Shares on a direct ownership basis. This represents a $107,874 divestment of the company's shares and an account share holdings change of -27.9%. Andrew Turcotte Pepper, a Director, disposed of 10,256 Common Shares also on a direct ownership basis. This represents a $92,304 divestment of the company's shares and an account share holdings change of -31.1%.
Abitibi Royalties is in the Gold Sub Industry Group under the Basic Materials Sector.
Abitibi Royalties Inc., together with its various subsidiaries, is involved in initial grassroots exploration projects. The Company operates through exploration and evaluation of mineral resources segment. The Company's properties include Canadian Malartic property, and Luc Bourdon and Bourdon West prospects. The Canadian Malartic property is located on a single claim just to the south of the Canadian Malartic main pit and covers the Charlie Zones and the Eastern portion of the Gouldie Zone. The Luc Bourdon and Bourdon West prospect is located in the Lowland region of James Bay Ontario. The Company also holds interest in Odyssey North Zone, Barnat Extension and the Jeffrey Zone, and Gouldie deposit and Charlie Zone. The Jeffrey Zone is a separate deposit located on the east of the main Canadian Malartic open pit. The Gouldie deposit is located over 300 meters south of the main Canadian Malartic open pit. The Charlie Zone is located approximately 100 meters northeast of Gouldie.
No Comments