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10% holder buying at Hudson Resources (V:HUD)

Updated Wednesday Jun 06, 2018 02:19 AM EDT

Robert Lewis Shields, a Director and 10% Holder, acquired 11,111,112 Common Shares at a price of $0.45 and 5,555,556 Warrants exercisable at $0.75 until May 29, 2021 on an indirect ownership basis for registered holder Coal Island Ltd. through a private transaction on May 29th, 2018. This represents a $5,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.
Hudson Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Hudson Resources Inc is a Canada-based exploration-stage junior mineral exploration company. The Company is engaged in the business of acquiring, exploring and evaluating resource properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It operates in two segments: the exploration and development of the Pingasut, Sarfartoq and Naajat exploration licenses in Greenland and corporate administrative functions in Canada. It has approximately two Exploration Licenses (EL) in Greenland, the Sarfartoq EL (2010/40) and the Pingasut EL (2013/01) and an exploitation license, the Naajat EL (2015/39). The Naajat EL includes the White Mountain Anorthosite Project (White Mountain). The Sarfartoq EL includes portions of the Nalussivik, Sarfartuup Qulaa, Sarfartoq Valley and Arnanganeq exploration licenses, as well as annex portions of the Sarfartoq EL and additional ground that extends the license area to the fjord.

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Go to Hudson Resources Inc. (HUD)'s company page

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