Michael Bennett, CEO, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on August 16th, 2018. The insider also acquired 1,000,000 Warrants with an exercise price of $0.200 for 5 long years. This represents a $100,000 investment into the company's shares and an account share holdings change of 48.6%.
In addition, Alan Carter, a Director, acquired 1,000,000 Common Shares and 1,000,000 Warrants on a direct ownership basis. This also represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.
Finally, Christopher Harris, a Senior Officer, acquired 60,000 Common Shares and 60,000 Warrants on a direct ownership basis. This represents a $6,000 investment into the company's shares and an account share holdings change of 4.3%.
Altamira Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Altamira Gold Corp, formerly Equitas Resources Corp, is a Canada-based junior natural resource company. The Company is focused on the exploration and development of gold deposits within western central Brazil. The Company holds 12 projects comprising approximately 200,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold. The Company's advanced Cajueiro project has NI 43-101 compliant resources of 8.64Mt @ 0.77 g/t Au (for 214,000oz) in the Indicated resource category and 9.53Mt @ 0.66 g/t Au (for 282,000oz) in the Inferred Resource category and an additional 1.37Mt @ 1.78 g/t Au in oxides (for 78,400oz in saprolite) in the Inferred resource category.
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