Christopher Crupi, CEO and Director, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on November 10th, 2017. The insider also acquired 1,000,000 Warrants on a direct ownership basis with an exercise price of $0.100 for 2 years. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.
On the same terms, Robert Dinning, a Director, acquired 700,000 Common Shares and 350,000 Warrants on a direct ownership basis. This represents a $35,000 investment into the company's shares and an account share holdings change of greater than 100%.
Meadow Bay Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Meadow Bay Gold Corporation (Meadow Bay) is a Canada-based gold exploration company. The Company is principally engaged in the acquisition, exploration and development of mineral properties in Nevada, the United States. The Company is focused on the exploration and development of its Atlanta Gold and Silver Mine property (the Atlanta Property or the Atlanta Project) consisting of over 10,000 acres of mineral claims located in Lincoln Country Nevada, approximately 250 kilometers northeast of Las Vegas, Nevada. The Atlanta property consists of an area of approximately 11,830 acres of over 10 patented and approximately 560 unpatented mineral claims held by Desert Hawk Resources Inc., a subsidiary of the Company. The mineralization at the Atlanta site occurs at the contact between younger Tertiary rocks and older Paleozoic sedimentary rocks.
No Comments