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Directors buying at Kerr Mines (T:KER)

Updated Wednesday Apr 17, 2019 02:56 AM EDT

Giulio Bonifacio, a Senior Officer and Director, acquired 3,000,000 Common Shares at a price of $0.14 and 3,000,000 Common Share Purchase Warrants exercisable at $0.21 until April 15, 2021 on a direct ownership basis through a private transaction on April 15th, 2019. This represents a $420,000 investment into the company's shares and an account share holdings change of greater than 100%.

Under the same terms, Peter Damouni, a Director, acquired 350,000 Common Shares and 350,000 Common Share Purchase Warrants on a direct ownership basis through a private transaction on April 15th, 2019. This represents a $49,000 investment into the company's shares and an account share holdings change of 81.7%.

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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Go to Kerr Mines Inc. (KER)'s company page

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