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Multiple buying at Para Resources (:PBR)

Updated Tuesday Feb 20, 2018 01:27 AM EDT

Glenn Howard Walsh, a Director and 10% Holder, acquired 3,779,325 Common Shares on an indirect ownership basis for registered holder Conex Services Inc. at a price of $0.200 through a private transaction on February 16th, 2018. The insider also acquired 1,889,662 Warrants with an exercise price of $0.300 for a period of 18 months. This represents a $755,865 investment into the company's shares and an account share holdings change of 8.7%.

On the same terms, Christopher Geoffrey Hampson, CEO and Director, acquired 1,608,125 Common Shares and 804,062 Warrants on an indirect ownership basis for registered holder Hampson Equites Ltd. This represents a $321,625 investment into the company's shares and an account share holdings change of 7.7%. In addition, James Randall Martin, a Director and 10% Holder, acquired 943,350 Common Shares and 471,675 Warrants on a direct ownership basis. This represents a $188,670 investment into the company's shares and an account share holdings change of 6.0%.

Para Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Para Resources Inc. is a natural resource company. The Company is engaged in the business of acquiring, exploring and developing properties in Latin and South America. Its segments include the El Limon property as mine under development, and exploration and evaluation assets. Its geographical segments include Colombia, Brazil and Canada. The El Limon mine is a gold mine located near the town of Zaragoza, Colombia. The Company holds interest in the Tucuma gold project. The Tucuma gold project is a gold and copper/gold exploration project, which consists of six mineral concessions covering an area of approximately 11,460 hectares. The Tucuma project is located approximately 20 kilometers from the town of Tucuma, Para State, Brazil. It also holds interests in the Cumaru-Gradaus Gold Project, which is located in Para State, Brazil. It holds interest in certain mining titles and various mining applications located within the Republic of Colombia (collectively the North Otu Properties).

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