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Osisko Gold & Osisko Mining buying at Barkerville Gold Mines (V:BGM)

Updated Friday Sep 29, 2017 01:39 AM EDT

Osisko Gold Royalties Ltd, a 10% Holder, acquired 8,225,000 Common Shares on a direct ownership basis at a price of $0.800 through a private transaction and 2,878,750 Common Shares on a direct ownership basis at a price of $0.800 through a prospectus or prospectus exempt offering, both on September 28th, 2017. This represents a $8,883,000 investment into the company's shares and an account share holdings change of 8.7%.

Oban Mining Corporation (OSK), a 10% Holder, acquired 5,556,000 Common Shares on a direct ownership basis at a price of $0.800 through a private transaction and 1,944,000 Common Shares on a direct ownership basis at a price of $0.800 through a prospectus or prospectus exempt offering also both on September 28th, 2017. This represents a $6,000,000 investment into the company's shares and an account share holdings change of 12.1%.

In addition, Sean Roosen, a Director and 10% Holder, acquired 250,000 Common Shares on a direct ownership basis at a price of $0.800 through a prospectus or prospectus exempt offering on the same day. This represents a $200,000 investment into the company's shares and an account share holdings change of 11.9%.

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

Barkerville Gold Mines Ltd. is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The Company controls approximately 117,440 hectares of mineral tenure, including over three historic groups of contiguous Crown-Granted mineral claims, namely the Cariboo Group, Island Mountain Group and Mosquito Creek Group, as well as a block of contiguous mineral tenures centered around the Town of Wells, which is located approximately 80 kilometers east of Quesnel, British Columbia. The Company's QR Mine & Mill is located approximately 60 kilometers southeast of Quesnel, in the Cariboo Mining District. The mineral tenures cover approximately 1,160 square kilometers along a strike length of over 60 kilometers and approximate width of 20 kilometers. The Company is focused on the Bonanza Ledge-BC Vein (BCV) Areas of the Barkerville Mountain property.

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Go to Barkerville Gold Mines Ltd. (BGM)'s company page

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