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Directors buying at Duran Ventures (:DRV)

Updated Wednesday Oct 18, 2017 01:50 AM EDT

William Richard Brown, a Director, acquired 1,720,000 Common Shares Unlimited, No Par Value on a direct ownership basis at a price of $0.050 through a private transaction on October 13th, 2017. The insider also acquired 860,000 Warrants Issued in Private Placements with an exercise price of $0.075 for two years. This represents a $86,000 investment into the company's shares and an account share holdings change of 72.3%.

Jeffrey Reeder, CEO and Director, also acquired 630,000 Common Shares and 315,000 Warrants. This represents a $31,500 investment into the company's shares and an account share holdings change of 32.7%.

Duran Ventures is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Duran Ventures Inc is a Canada-based mineral exploration company. The Company is focused on mineral processing, exploration and development of precious and base metal properties in Peru. It holds an interest in the Aguila Norte Process Plant and in mineral properties, including Panteria Porphyry Copper Project, Minasnioc Gold-Silver Project, Mamanina Porphyry Copper-Molybdenum-Gold Project, Ichuna Copper-Silver Project and Huachocolpa Properties. The Panteria Porphyry Copper prospect is located approximately 210 kilometers southeast of the city of Lima, in the Department of Huancavelica in south-central Peru. The Minasnioc Gold-Silver Project is located in the Department of Huancavelica, approximately 300 kilometers southeast of Lima and consists of over 10 concessions totaling over 6,900 hectares. The Mamanina Porphyry Copper-Molybdenum-Gold Project consists of over eight concessions covering over 4,070 hectares. The Company holds interests in three gold properties in Northern Peru.

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