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Southern Arc Minerals buying at Japan Gold (V:JG)

Updated Thursday Aug 10, 2017 02:11 AM EDT

Southern Arc Minerals Inc. (SA), a 10% Holder, acquired 12,500,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on August 8th, 2017. The insider also acquired 12,500,000 Warrants on a direct ownership basis at an exercise price of $0.400 through a prospectus or prospectus exempt offering on August 8th, 2017. This represents a $5,000,000 investment into the company's shares and an account share holdings change of 52.6%.

Japan Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Japan Gold Corp, formerly Sky Ridge Resources Ltd, is a Canada-based gold exploration company that focuses on assets in Japan. Its project areas include Ikutawara, Numanoue, Aibetsu, Buho, Ponkutosan, Minamikyabe, Kobui and Eboshi. Japan Gold Corp. (JG) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $5,000,000.

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Go to Japan Gold Corp. (JG)'s company page

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