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CEO and others buying at Eastmain Resources (T:ER)

Updated Monday Jul 09, 2018 02:20 AM EDT

Claude Lemasson, CEO and Director, acquired 250,000 Common Shares on a direct ownership basis at a price of $0.280 through a prospectus or prospectus exempt offering on July 5th, 2018. This represents a $70,000 investment into the company's shares and an account share holdings change of 12.4%.

In addition, Michael Hoffman, a Director, acquired 178,570 Common Shares on a direct ownership basis. This represents a $50,000 investment into the company's shares and an account share holdings change of 99.6%. Laurence Wilson Curtis, a Director, acquired 100,000 Common Shares on a direct ownership basis. This represents a $28,000 investment into the company's shares and an account share holdings change of 40.0%. Finally, Blair Schultz, a Director, also acquired 100,000 Common Shares on a direct ownership basis. This represents an account share holdings change of 8.7%.

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

Eastmain Resources Inc. is an exploration-stage company engaged in the exploration of metallic mineral resource properties within Canada. The Company's primary focus is exploration for precious metals in the Eastmain/Opinaca areas of James Bay, Quebec. It owns interest in two gold deposits, which include Eau Claire and the Eastmain Mine, and holds interest in Eleonore South, a mineral exploration joint venture. Its projects include Clearwater, which covers approximately 200 square kilometers of Archean geology; Eastmain Mine Property, which is located approximately 375 kilometers North-East of the town of Chibougamau and comprises over 150 mineral claims, and the Eleonore South Joint Venture, which is an exploration drilling-stage project that lies in the Opinaca geologic Sub-province of James Bay, Quebec. It also owns interest in certain mineral properties comprising the Ruby Hill project; Lac Lessard project; Reservoir property; Lac Hudson project and Lac Elmer project, among others.

INK Edge Outlook

CONDITIONS:
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6 months ago
1 year ago
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Mixed
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Mostly Sunny
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Go to Eastmain Resources Inc. (ER)'s company page

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