Fahad Mohammed Al Tamimi, a Senior Officer and Director, acquired 3,571,429 Common Shares at a price of $0.14 and 3,571,429 Common Share Purchase Warrants exercisable at $0.21 until Nov. 27, 2020 on a direct ownership basis through a private transaction on November 28th, 2018. This represents a $500,000 investment into the company's shares and an account share holdings change of 24.2%.
Under the same terms:
Claudio Ciavarella, CEO, Director and 10% Holder, acquired 2,142,860 Common Shares and 2,142,860 Common Share Purchase Warrants on a direct ownership basis through a private transaction on November 28th, 2018. This represents a $300,000 investment into the company's shares and an account share holdings change of 36.0%.
Peter Damouni, a Director, acquired 428,571 Common Shares and 428,571 Common Share Purchase Warrants on a direct ownership basis through a private transaction on November 28th, 2018. This represents a $60,000 investment into the company's shares and an account share holdings change of greater than 100%.
Martin Leslie Kostuik, a Senior Officer and Director, acquired 376,728 Common Shares and 376,728 Common Share Purchase Warrants on a direct ownership basis through a private transaction on November 28th, 2018. This represents a $52,742 investment into the company's shares and an account share holdings change of greater than 100%.
Ayman Arekat, a Director, acquired 100,000 Common Shares and 100,000 Common Share Purchase Warrants on a direct ownership basis through a private transaction on November 28th, 2018. This represents a $14,000 investment into the company's shares and an account share holdings change of greater than 100%.
Kerr Mines is in the Gold Sub Industry Group under the Basic Materials Sector.
Kerr Mines Inc is a Canada-based gold development and exploration company. The Company is engaged in exploration, evaluation and development of gold and mineral resource properties in North America. Its segments include Canada and United States. The Company focuses on gold production in its Copperstone property in the United States. The Copperstone Gold Mine is located in western Arizona, in the United States, within the Walker Lane mineral belt where it intersects gold provinces in Southern California and Western Arizona. These provinces host a total known gold endowment of over 40 million ounces of gold.
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