Robert Wares, a Senior Officer, Director and 10% Holder, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.370 through a prospectus or prospectus exempt offering on January 24th, 2018. The insider also acquired 500,000 Warrants with an exercise price of $0.450 until January 2, 2019. This represents a $370,000 investment into the company's shares and an account share holdings change of 7.4%.
Komet Resources is in the Gold Sub Industry Group under the Basic Materials Sector.
Komet Resources Inc is a Canada-based gold mining company, which is focused on exploration and production at its projects in Burkina Faso, West Africa. The Company's properties include GUIRO - BURKINA FASO and the Moussala exploration permit. The Moussala exploration permit is located in the Kenieba gold mining camp in the Republic of Mali, West Africa. The Moussala exploration permit title covers over 67 square kilometers. The Moussala permit covers meta-sedimentary and meta-volcanic rocks part of the Birimian Kenieba greenstone belt of Lower Proterozoic age of West Africa. The Company's Guiro-Diouga permit covers approximately 65 square kilometers. The Guiro-Diouga permit is located to the northeast of Burkina Faso within the Namenga and Seno provinces, over 230 kilometers northeast of the capital Ouagadougou.
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