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Off-market insider buying at Alphamin Resources (V:AFM)

Updated Thursday Apr 11, 2019 01:34 AM EDT

Matthew Pedley, a 10% Holder, acquired 39,900,000 Common Shares on a control or direction basis for registered holder Tremont Master Holding at a price of $0.200 through a private transaction on April 8th, 2019. The insider also acquired 39,900,000 Warrants with an exercise price of $0.300 until April 8, 2022. This represents a $7,980,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Brendon Howard Jones, a 10% Holder, acquired 764,085 Common Shares and 764,085 Warrants on an indirect ownership basis for registered holder Adansonia PE Opportunities Limited. This represents a $152,817 investment into the company's shares and an account share holdings change of 12.8%.

Alphamin Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Alphamin Resources Corp. is a Mauritius-based company engaged in tin exploration and mining business. The Company is engaged in the business of locating, acquiring, exploring, evaluating and, if warranted, developing mineral properties. The Company's exploration and evaluation assets are located in the Democratic Republic of the Congo. The Company owns an indirect interest in Alphamin Bisie Mining SA and the holder of approximately five research permits and one exploitation permit constituting the Bisie Tin Project. The Company focuses on its principal project, the Bisie Tin Project. The Bisie Tin Mining Project's Mpama North prospect is located in North Kivu in the eastern region of the Democratic Republic of the Congo. The Company mines and markets tin with its North Kivu tin mine as the prime asset, producing over 9,900 tons of tin annually.

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Go to Alphamin Resources Corp. (AFM)'s company page

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