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Fund buying at Nikos Explorations (:NIK)

Updated Monday Nov 27, 2017 02:44 AM EDT

Stichting Depositary Plethora Precious Metals Fund, a 10% Holder, acquired 1,500,000 Common Shares on a direct ownership basis at a price of $0.200 through a private transaction on November 23rd, 2017. The insider also acquired 1,500,000 Warrants with an exercise price of $0.300 until November 22nd, 2019 . This represents a $300,000 investment into the company's shares and an account share holdings change of 36.4%.
Nikos Explorations is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Nikos Explorations Ltd. is a Canada-based development-stage company. The Company is focused on the acquisition, exploration and development of copper gold projects in the Americas. The Company operates through the mineral exploration segment. The Company is in the process of exploring its mineral right interests in Ontario, Canada. The Company holds interest in an 1,598-hectare Borden Lake Extension Property (the Property). The Property is located near Chapleau, Ontario, immediately east of Goldcorp Inc.'s Borden Lake gold project. The Company also holds an option agreement for additional claims surrounding the Property. The Property covers an area of 55 square kilometers and lies approximately five kilometers southeast of Goldcorp's Borden Lake high-grade gold zone. The Company did not generate any revenues.

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