Frank Giustra, a 10% Holder, acquired 2,326,000 Common Shares at a price of $0.25 and 2,326,000 Warrants exercisable at $0.40 for a period of 60 months on a direct ownership basis through a private transaction on July 20th, 2018. This represents a
$581,500 investment into the company's shares and an account share
holdings change of 47.0%.
Under the same terms:
Richard Allen Munson, CEO, Director and 10% Holder, acquired 200,000 Common Shares and 200,000 Warrants on a direct ownership basis through a private transaction on July 20th, 2018. This represents a $50,000 investment into the company's shares and an account share holdings change of 48.0%.
David Charles Laing, a Director, acquired 100,000 Common Shares and 100,000 Warrants on a direct ownership basis through a private transaction on July 20th, 2018. This represents a $25,000 investment into the company's shares and an account share holdings change of 28.7%.
Jessica Van Den Akker, CFO, acquired 12,000 Common Shares and 12,000 Warrants on a direct ownership basis through a private transaction on July 20th, 2018. This represents a $3,000 investment into the company's shares and an account share holdings change of 80.0%.
Sandspring Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Sandspring Resources Ltd. is a Canada-based resource exploration company. The Company focuses on the exploration for, and resource expansion of, gold and related minerals in Guyana, South America. The Company operates in the development of its Toroparu Project for the production of gold, copper and silver in Guyana segment. The Company, through its subsidiary ETK, Inc., is engaged in exploring and developing the Toroparu Project (the Upper Puruni Property). The Upper Puruni Property is located within its approximately 242,690.8 acres mineral exploration concession area in the Upper Puruni River Area, Region 7 of northwestern Guyana, South America. The Upper Puruni Property consists of approximately seven small scale claims, over 160 contiguous medium scale prospecting permits (PPMSs) and approximately 20 medium scale mining permits (MPs) that together cover an area of over 184,690 acres, and approximately five contiguous prospecting licenses that cover an area of over 43,470 acres.
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