Robert Stuart Angus, a Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.180 through a prospectus or prospectus exempt offering on October 31st, 2017. The insider also acquired 500,000 Warrants with an exercise price of $0.350 for 18 months. This represents a $180,000 investment into the company's shares and an account share holdings change of 15.6%.
On the same terms, William Harry Myckatyn, a Director, acquired 140,000 Common Shares and 70,000 Warrants on a direct ownership basis. This represents a $25,200 investment into the company's shares and an account share holdings change of 33.4%. Robert D. Willis, CEO and Director, acquired 50,000 and 25,000 Warrants on a direct ownership basis. This represents a $9,000 investment into the company's shares and an account share holdings change of 5.0%.
San Marco Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
San Marco Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and advancement of mineral properties in Mexico. The Company's exploration portfolio includes the Cuatro de Mayo and Angeles projects in Mexico, and the Alwin copper project in British Columbia, Canada. The Cuatro de Mayo Project is located in Sonora State, Mexico, approximately 160 kilometers east of Hermosillo. The Cuatro de Mayo property consists of land packages of approximately 73,290 hectares. Its Cuatro de Mayo property includes gold, silver and copper minerals. The Angeles project is located in Sonora State, Mexico. The Angeles property comprises approximately 1,280 hectares land package. The Alwin project is located in south-central British Columbia, Canada, approximately four kilometers west. This copper-focused property consists of approximately two claims totaling over 530 hectares. The property hosts a small past-producing copper mine.
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