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10% holders buying at Sandspring Resources (V:SSP)

Updated Tuesday Jul 31, 2018 01:20 AM EDT

Gran Colombia Gold Corp., a 10% Holder, acquired 31,000,000 Common Shares at a price of $0.25 and 16,000,000 Warrants exercisable at $0.40 for a 60-month period on a direct ownership basis through a private transaction on July 26th, 2018. This represents a $7,750,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Under the same terms:

Serafino Iacono, a 10% Holder, acquired 400,000 Common Shares and 400,000 Warrants on an indirect ownership basis for registered holder Brockville International Holding through a private transaction on July 26th, 2018. This represents a $100,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Hernan Martinez, a 10% Holder, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis through a private transaction on July 26th, 2018. This represents a $100,000 net investment into the company's shares and an account share holdings change of greater than 100%.

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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Go to Sandspring Resources Ltd. (SSP)'s company page

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