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10% holder buying at New Era Minerals (:NEM)

Updated Thursday Nov 22, 2018 02:45 AM EDT

Celestial Classic Limited, a 10% Holder, acquired 2,561,475 Common Shares at a price of $0.08 and 2,561,475 Warrants exercisable at $0.08 for a period of five years on a direct ownership basis through a prospectus or prospectus exempt offering on November 19th, 2018. This represents a $204,918 investment into the company's shares and an account share holdings change of 22.1%.

New Era Minerals is in the Holding Companies Sub Industry Group under the Financials Sector.

New Era Minerals Inc. formerly KCC Capital Corporation is a mineral exploration company. The Company, through its subsidiary, Haijin International Group Limited, owns 95% of Xinjiang Yongkun Mining Co. Ltd. (Yongkun). Yongkun's principal activities are the exploration, evaluation and development of mineral property interests in China, including Yongkun's 100% owned Suyeke North nickel property. The Suyeke North Property (the Property) is located approximately 425 kilometer west of the prefecture-level city of Urumqi. The Property comprises one exploration permit totaling 14.83 square kilometers.

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