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Multiple buying at Mawson Resources (T:MAW)

Updated Tuesday Dec 12, 2017 03:25 AM EDT

David Alan Henstridge, a Director, acquired 200,000 Common Shares on an indirect ownership basis for registered holder Henstridge Family Superfund at a price of $0.350 through a prospectus or prospectus exempt offering on December 8th, 2017. The insider also acquired 100,000 Warrants with an exercise price of $0.500 until December 8, 2019. This represents a $70,000 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Michael Robert Hudson, CEO and Director, acquired 75,000 Common Shares and 37,500 Warrants on a control or direction basis for registered holder Elwood Partners Discretionary Trust. This represents a $26,250 investment into the company's shares and an account share holdings change of 30.0%. Mark Stephen Saxon, a Senior Officer, acquired 75,000 Common Shares and 37,500 Warrants on a direct ownership basis. This represents a $26,250 investment into the company's shares and an account share holdings change of 4.7%.

Finally, Philip Williams, a Director, also acquired 75,000 Common Shares and 37,500 Warrants on a control or direction basis for registered holder Philip Williams RRSP. This represents a $26,250 investment into the company's shares and an account share holdings change of greater than 100%.

Mawson Resources is in the Gold Sub Industry Group under the Basic Materials Sector.

Mawson Resources Limited is an exploration stage company. The Company is an exploration and development company with precious metal interests in the Nordic countries. It operates though exploration and development of unproven exploration and evaluation assets segment. Its geographical segments include Finland, Sweden and Canada. Its exploration focus is on the Rompas-Rajapalot gold project in Finland. It holds approximately two granted exploration permits, over 10 exploration permit applications and approximately two reservations in Finland. The Company also holds a total of over two claims in Sweden covering approximately 2,416 hectares, prospective for gold. It is focused on a primary target of disseminated gold mineralization at Rajapalot, and secondary target of the Rompas vein-style target area. The style of mineralization at Rajapalot is sulfidic. The Rompas area is a hydrothermal vein style system defined over six kilometers strike and, 200 to 250 meters width.

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Go to Mawson Resources Limited (MAW)'s company page

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