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Off-market insider buying at Belvedere Resources (:BEL)

Updated Thursday Mar 22, 2018 02:59 AM EDT

Brian Hinchcliffe, CEO and Director, acquired 10,833,333 Common Shares on a direct ownership basis at a price of $0.060 through a prospectus or prospectus exempt offering on March 15th, 2018. This represents a $650,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Belvedere Resources Limited (Belvedere) is a Canada-based mining company. The Company focuses on exploring for gold and base metal projects in Finland. The Company focuses on converting the Hitura nickel mill, which is owned through its Finnish subsidiary, Belvedere Mining OY into a gold mill. The Company has a portfolio of gold properties in central and southern Finland. It focuses on the Osikonmaki project and Kuusamo property. Its nickel property includes Hitura Mill and Nickel Mine. Its gold properties include Kopsa, Kiimala, Rantasalmi, Antikanpera and Hirsikangas. The Hitura Mill is a 2,500 tons per day (tpd) mill capable of producing approximately two sulfide concentrates. The Kiimala property has a total of approximately 10 square kilometers of claims and claim applications. The Rantasalmi property consists of the Osikonmaki and Pirila mineralized trends. The Antikanpera property covers an area of approximately 10 square kilometers, and contains gold anomalies.

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