Silver Wheaton Corp., a 10% Holder, acquired 6,153,846 Common Shares on a direct ownership basis at a price of $0.650 and 3,076,923 Warrants on a direct ownership basis with an exercise price of $1.000 for 3 years through a prospectus or prospectus exempt offering on December 14th, 2017. This represents a $4,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.
Desert Star Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Desert Star Resources Ltd is a Canada-based mineral exploration company focused on the identification, acquisition and development of copper and gold projects located in top-tier mineral belts in the southwestern United States that contain historical production, existing mining infrastructure and an established mining culture. The Company has not yet been able to determine whether any of these properties contain resource reserves that are economically recoverable. The Company holds approximately 604,839 shares and approximately 750,000 warrants of Black Sea Copper & Gold Corp. Black Sea is a mineral exploration company focused on the identification, acquisition and development of copper and gold projects located in Eastern Europe.
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