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Fund buying at First Bauxite (V:FBX)

Updated Wednesday Oct 24, 2018 03:22 AM EDT

Resource Capital Fund VI L.P., a 10% Holder, acquired 292,954,010 Common Shares on a direct ownership basis at a price of $0.100 through a private transaction on October 19th, 2018. This represents a $29,295,401 investment into the company's shares and an account share holdings change of greater than 100%.

Resource Capital Fund V L.P., a 10% Holder, acquired 137,342,392 Common Shares on a direct ownership basis also at a price of $0.100 through a private transaction on October 19th, 2018. This represents a $13,734,239 investment into the company's shares and an account share holdings change of greater than 100%.

First Bauxite is in the Aluminum Sub Industry Group under the Basic Materials Sector.

First Bauxite Corporation is a Canada-based natural resources company. The Company is engaged in the exploration and development of bauxite deposits in Guyana, South America. The Company operates through the acquisition, exploration and development of mineral properties segment. The Company's operations are located in three geographical segments: Canada, US and Guyana. The Company, through its subsidiary, Guyana Industrial Minerals, holds mineral titles in Guyana, which include Bonasika Mining License and Tarakuli-Canje Permission for Geological and Geophysical Survey. The Company's subsidiaries include Bonasika Ltd, Guyana Industrial Minerals Incorporated and First Bauxite (US) Inc.

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Go to First Bauxite Corporation (FBX)'s company page

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