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Director buying at California Gold Mining (V:CGM)

Updated Tuesday Sep 26, 2017 02:09 AM EDT

William Ralph Tomlinson, a Director, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.500 through a private transaction on September 21st, 2017. The insider also acquired 1,000,000 Warrants with an exercise price of $0.500 until September 21, 2019. This represents a $1,000,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

California Gold Mining Inc. is a Canada-based mineral exploration company. The Company engaged in the acquisition, exploration and development of mineral resource properties. The Company's primary focus is the exploration and development activities at its Fremont Property, located in California. The Company also holds interests in approximately eight mining claims and related surface rights agreements in Hastings County near Madoc, Ontario (the Dingman Property). The Fremont Property includes approximately 3,350 acres of land located over 20 miles north of the town of Mariposa, California. The Company's mineral properties are at the exploration stage. The Company has not generated any revenues from its operations.

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Go to California Gold Mining Inc. (CGM)'s company page

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