Donald Smith Value Fund, a 10% Holder, acquired 1,200,000 Common Shares on a direct ownership basis at a price of $1.050 through a private transaction on December 19th, 2017. The insider also acquired 600,000 Warrants with an exercise price of $1.450 until December 19, 2019. This represents a $1,260,000 investment into the company's shares and an account share holdings change of 22.2%.
Bernard Poznanski, a Senior Officer, also acquired 24,000 Common Shares and 12,000 Warrants on a direct ownership basis. This represents a $25,200 investment into the company's shares and an account share holdings change of 62.6%.
SilverCrest Metals is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
Silvercrest Metals Inc is a Canada-based metals exploration company. The Company is engaged in acquisition and exploration of mineral property interests in Mexico. The Company's projects include Primary Kimberlite Projects, Alluvial and Eluvial Projects and Tailings Re-Treatment Projects. The Company owns interest in DMI Minerals South Africa (Pty) Limited and interests held by the Company's South African Black Economic Empowerment partner Nozala Investments (Pty) Limited. The Company has interest in over two mineral concessions, Cruz de Mayo 2 and El Gueriguito, which are located in Sonora State, Mexico. The Company's Las Chispas, Sonora, Mexico property is located in northeast of Hermosillo, Sonora, Mexico, and consists of approximately 20 concessions. The Company's other projects include The Silver Angel Property, The Estacion Llano Property and The Guadalupe Property, which are located in Mexico.
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