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Fund and CEO buying at Hudson Resources (:HUD)

Updated Thursday Jun 28, 2018 02:07 AM EDT

Apex Asset Management AG, a 10% Holder, acquired 20,000,000 Common Shares on a control or direction basis for registered holder Romeo Fund - FLEXI at a price of $0.450 through a private transaction on June 20th, 2018. The insider also acquired 10,000,000 Warrants with an exercise price of $0.750 for 3 years. This represents a $9,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.

In addition, James Kenneth Cambon, a Senior Officer, acquired 100,000 Common Shares and 50,000 Warrants on a direct ownership basis. This represents a $45,000 investment into the company's shares and an account share holdings change of 7.4%. James Robert Tuer, CEO and Director, acquired 75,000 Common Shares and 37,500 Warrants on a direct ownership basis. This represents a $33,750 investment into the company's shares and an account share holdings change of 4.3%.

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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