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CEO buying at Millennial Lithium (V:ML)

Updated Tuesday Oct 03, 2017 03:23 AM EDT

Farhad Abasov, CEO, acquired 120,000 Common Shares on a direct ownership basis at a price of $1.250 through a prospectus or prospectus exempt offering on September 26th, 2017. The insider also acquired 60,000 Warrants on a direct ownership basis with an exercise price of $1.500 until September 26th, 2019. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.

Millennial Lithium is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Millennial Lithium Corp, formerly Redhill Resources Corp, is a Canada-based exploration and development company. The Company is focused on lithium assets located in Argentina. The Company owns interests in Pastos Grandes Lithium Project. The Pastos Grandes Lithium Project is an advanced-stage development project located within the Lithium Triangle. The project is located in the Los Andes Department, in the Central portion of the Puna Block of Salta Province, northwestern Argentina. The project consists of the following mineral property concessions: Jorge Eduardo, Neptali II, El Milagrano and Norte Argentino. It covers a surface area of over 1,000 hectares. The Company owns Cauchari East Lithium Project in Jujuy Province, Argentina. It covers an area of approximately 3,000 hectares on the eastern side of the Cauchari-Olaroz Salar. The Company also owns Lincoln Lithium Property, which covers an area of approximately 3,000 acres of placer claims in the Big Smoky Valley, Nevada.

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Go to Millennial Lithium Corp. (ML)'s company page

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Millennial Lithium Corp.

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