Frederic Leigh, a Director, acquired 1,000,000 Common Shares at a price of $0.090 and 500,000 Warrants exercisable at $0.11 for a period of 24 months on a direct ownership basis through a prospectus or prospectus exempt offering on November 28th, 2018. This represents a $90,000 investment into the company's shares and an account share holdings change of greater than 100%.
Under the same terms:
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Stephane Amireault, a Director, acquired 112,000 Common Shares and 56,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on November 28th, 2018. This represents a $10,080 investment into the company's shares and an account share holdings change of 23.2%.
Andrew Mark Cheatle, a Director, acquired 55,556 Common Shares and 27,778 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on November 28th, 2018. This represents a $5,000 investment into the company's shares and an account share holdings change of greater than 100%.
QMX Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
QMX Gold Corp (QMX) is a Canada-based mining company that is engaged in exploration and mine development. The Company focuses on growing through the exploration, development and acquisition of mineral properties, directly and indirectly through joint ventures and other opportunities. It holds a property position with approximately 200 square kilometers in mining camps in the Abitibi District of Quebec, Canada. It operates in the mining regions in Val-d'Or, Quebec. QMX also focuses on identifying deposits for acquisition and development to replace the Lac Herbin Mine. It focuses on the exploration and evaluation of other gold and base metal projects within these regions. The Lac Herbin properties cover a total aggregate surface area of over 9,000 hectares. The Aurbel-Lac Herbin group of properties has over 400 claims, approximately four mining leases and a surface lease. It holds an interest in VMS properties. Its strategic investments are located in the Abitibi District of Quebec. QMX Gold Corporation (QMX) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, three insiders have invested a total amount of $105,080.
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