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Ivanhoe Industries and Gibson buying at Fjordland Exploration (V:FEX)

Updated Tuesday Oct 03, 2017 03:26 AM EDT

Ivanhoe Industries, a 10% Holder, acquired 14,000,000 Common Shares on an indirect ownership basis for registered holder HPX BC Holdings Ltd. at a price of $0.100 through a prospectus or prospectus exempt offering on September 27th, 2017. The insider also acquired 14,000,000 Warrants with an exercise price of $0.200 until March 27, 2019. This represents a $1,400,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Mark Gibson, a 10% Holder, acquired 200,000 Common Shares on a direct ownership basis at a price of $0.125 through a prospectus or prospectus exempt offering on September 27th, 2017. The insider also acquired 200,000 Warrants. This represents a $25,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Fjordland Exploration is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Fjordland Exploration Inc. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of copper, gold and molybdenum properties primarily in Canada. The Company operates in mineral acquisition and exploration segment. Canada is its geographical segment. The Company's properties include South Voisey's Bay, Labrador, and Athabasca Basin, Saskatchewan. The South Voisey's Bay Property is located approximately 260 kilometers north-northwest of Goose Bay and approximately 80 kilometers south of the Voisey's Bay nickel, copper and cobalt mine. The Company has staked approximately eight claim groups consisting over 26,220 hectares in the Western Athabasca Basin, Saskatchewan. The Western Athabasca project is an early-stage exploration project seeking to discover and develop diamondiferous kimberlites.

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Go to Fjordland Exploration Inc. (FEX)'s company page

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Fjordland Exploration Inc.

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