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Officers buying at Diamond Fields Resources (V:DFR)

Updated Wednesday May 30, 2018 01:52 AM EDT

Jean Lindberg Charles, a Senior Officer, acquired 620,000 Common Shares on a direct ownership basis at a price of $0.125 through a private transaction on May 29th, 2018. This represents a $77,500 investment into the company's shares and an account share holdings change of greater than 100%.

On the same day, Sybrand Van Der Spuy, a Senior Officer and Director, acquired 400,000 Common Shares on a direct ownership basis at the same price. This represents a $50,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Diamond Fields Resources Inc, formerly Diamond Fields International Ltd is Canada based company engaged in mineral exploration in Namibia, South Africa, Madagascar and in the Red Sea. The primary focus of the Company is the development of marine exploration and exploitation. It is engaged in the development of project, mining lease (ML) 111, which consists of an offshore marine diamond property in a mid-water concession off the coast of Namibia. Its marine diamond and precious minerals mining licenses in Namibia include ML111, ML138 and ML139. It holds interest in Atlantis II project in the Red Sea between Saudi Arabia and Northern Sudan. The Atlantis II basin is situated on the axis of the Red Sea ridge complex at a depth of over 2,000 meters, over 115 kilometers west of Jeddah. Its Valozoro nickel deposit is located over 60 kilometers north of the town of Fianarantsoa in south central Madagascar. Diamond Fields Resources Inc. (DFR) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, two insiders have invested a total amount of $127,500.

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Go to Diamond Fields Resources Inc. (DFR)'s company page

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