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Multiple insider buying at SilverCrest Metals (T:SIL)

Updated Wednesday Dec 27, 2017 03:51 AM EDT

Nathan Eric Fier, a Senior Officer and Director, acquired 427,000 Common Shares on a direct ownership basis at a price of $1.050 through a prospectus or prospectus exempt offering on December 19th, 2017. The insider also acquired 213,500 Warrants with an exercise price of $1.450 until December 19th, 2019. This represents a $448,350 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Nicholas James Campbell, a Senior Officer, acquired 95,000 Common Shares and 47,500 Warrants on a direct ownership basis. This represents a $99,750 investment into the company's shares and an account share holdings change of 24.6%.

John H. Wright, a Director, also acquired 95,000 Common Shares and 47,500 Warrants on a direct ownership basis. This represents an account share holdings change of greater than 100%.

Dunham Lewis Craig, a Director, acquired 48,000 Common Shares and 24,000 Warrants on a direct ownership basis. This represents a $50,400 investment into the company's shares and an account share holdings change of 96.0%.

Graham Campbell Thody, a Director, acquired 21,679 Common Shares on a direct ownership basis and 6,881 Common Shares on a control or direction basis for registered holder Graham & Elaine Joint Account. The insider also acquired 10,840 Warrants on a direct ownership basis and 3,440 Warrants on a control or direction basis for registered holder Graham & Elaine Joint Account. This represents a $29,988 investment into the company's shares and an account share holdings change of 8.5%.

Finally, Anne Yong, a Senior Officer, acquired 24,000 Common Shares on a direct ownership basis 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 greater than 100%.

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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Go to SilverCrest Metals Inc. (SIL)'s company page

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