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Directors buying at TNR Gold (V:TNR)

Updated Friday Nov 17, 2017 01:24 AM EDT

John Michael Wisbey, a Director, acquired 6,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on November 16th, 2017. The insider also acquired 6,000,000 Warrants with an exercise price of $0.050 until November 16th, 2022. This represents a $300,000 investment into the company's shares and an account share holdings change of 63.9%.

On the same terms, Kirill Klip, a Director and 10% Holder, acquired 870,000 Common Shares and 870,000 Warrants on a direct ownership basis. This represents a $43,500 investment into the company's shares and an account share holdings change of 3.2%.

TNR Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

TNR Gold Corp is a Canada-based mineral exploration company focused on developing gold and copper projects across the world. The Company operates through the acquisition and exploration of mineral properties segment. The Company is in the process of exploring and developing its mineral properties. Its projects include Shotgun Gold Project and Los Azules. The Shotgun Gold Project is an advanced-stage exploration prospect, which is located approximately 190 kilometers south of the Donlin Gold Project within Kuskokwim Gold Belt in Southwestern Alaska. The Shotgun Gold Project includes a range of prospects, including Shotgun Ridge and nearby Winchester. The Shotgun Gold Project consists of a total of approximately 110 claims covering an area of over 6,990 hectares (over 17,280 acres). The Company also holds net smelter royalty (NSR) in Los Azules project, which is located in the Andean copper belt, Argentina. Its Los Azules project hosts copper mines. TNR Gold Corp. (TNR) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $343,500.

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