Fahad Mohammed Al Tamimi, a Senior Officer and Director, acquired 4,470,763 Common Shares on a direct ownership basis at a price of $0.300 through a prospectus or prospectus exempt offering on December 14th, 2017. This represents a $1,341,229 investment into the company's shares and an account share holdings change of 43.6%.
Kerr Mines is in the Gold Sub Industry Group under the Basic Materials Sector.
Kerr Mines Inc. is a gold development and exploration company. The Company is engaged in exploration, evaluation and development of mineral resource properties in North America. Its segments include Canada and United States. The Company focuses on gold production in its Copperstone property in the United States. The Copperstone project consists of approximately 13.8 square miles of mineral rights located in La Paz County, Arizona. Its properties include Bear Lake property, Dufay property and McGarry property. The McGarry property is located in Virginiatown, Ontario, Canada and consists of approximately 30 mining claims, including over three licenses of occupation totaling approximately 1,200 acres. The Kerr-Addison Mine property covers approximately 2,000 acres and over six kilometers along the Larder Lake-Cadillac Break. The Bear Lake property consists of approximately 20 mining claims, including over two mining licenses located to the western boundary of the McGarry property.
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