Resource Capital Fund VI L.P., a 10% Holder, acquired 8,675,535 Common Shares on a direct ownership basis at a price of $0.260 through a private transaction on August 4th, 2017. The insider also acquired 4,337,767 Warrants with an exercise price of $0.350 for five long years. This represents a $2,255,639 investment into the company's shares and an account share holdings change of 49.4%.
On the same terms, Electrum Strategic Opportunities Fund L.P., a 10% Holder, acquired 6,742,271 Common Shares and 3,371,135 Warrants on a direct ownership basis. This represents a $1,752,990 investment into the company's shares and an account share holdings change of 12.4%.
Wellgreen Platinum is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
Wellgreen Platinum Ltd. is a Canada-based exploration-stage company. The Company's principal business activity is the exploration and evaluation of platinum group metals (PGM) and nickel mineral properties in North America. It is focused on exploring and developing its Wellgreen PGM and nickel project, located in the Yukon Territory, Canada. The Wellgreen property, which includes Wellgreen, Quill and Burwash quartz mineral claims and leases, is a platinum group metals and nickel project. It holds interest in various surrounding mineral claims to the Shakespeare Property. It holds interest in certain claims known as the Stumpy Bay Property located in Shakespeare and Baldwin Townships, Ontario. It also holds interests in Porter Baldwin Property, Porter Property, Shining Tree Property and Fox Mountain Property. Its Uruguay Properties include Cerro Chato, Molles North, Molles South, Quebracho and Polanco.
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