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Multiple buying at Rugby Mining (V:RUG)

Updated Thursday May 24, 2018 01:59 AM EDT

Bryce Roxburgh, a Director, acquired 160,000 Common Shares on a direct ownership and 190,000 Common Shares on an indirect ownership basis for registered holder Rowen Company Limited at a price of $0.350 through a private transaction on May 22nd, 2018. The insider also acquired 160,000 Warrants on a direct ownership basis and 190,000 Warrants on an indirect ownership basis for registered holder Rowen Company Limited with an exercise price of $0.500 until May 22, 2019. This represents a $122,500 investment into the company's shares and an account share holdings change of 11.1%.

In addition, Paul Joseph Joyce, CEO and 10% Holder, acquired 150,000 Common Shares and 150,000 Warrants on an indirect ownership basis for registered holder Berenvy Pty Limited ATF for the Paul Joyce Superannuation Fund. This represents a $52,500 investment into the company's shares and an account share holdings change of 3.8%. Jonathan Hermanson, a Senior Officer, acquired 100,000 Common Shares and 100,000 Warrants on a direct ownership basis. This represents a $35,000 investment into the company's shares and an account share holdings change of 19.0%. Finally, Alejandro Adams, CFO, acquired 30,000 Common Shares and 30,000 Warrants on a direct ownership basis. This represents a $10,500 investment into the company's shares and an account share holdings change of 96.4%.

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

Rugby Mining Limited is a mineral resource company exploring for gold, silver and copper. The Company operates through the segment of mineral property acquisition, exploration and development. Its portfolio of projects includes Cobrasco Porphyry Copper Project (Cobrasco); Comita Porphyry Copper Project (Comita); Mabuhay Gold Project (Mabuhay), and The El Poma Project and Regional Applications. The Cobrasco Project is located approximately 100 kilometers southwest of Medellin in the Choco Region of Colombia. The concession covers over 3,000 hectares. The Comita Project is located directly adjacent to its Cobrasco concession. The Mabuhay Gold project is located approximately 10 kilometers south of Surigao City, Philippines. The Company owns a portfolio of both granted exploration concessions and applications covering approximately 845 square kilometers in Colombia. It has operations in Canada, Australia, Colombia and Philippines. It has no revenue generating activities.

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