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Two buying at First Vanadium (V:FVAN)

Updated Monday Jun 10, 2019 01:23 AM EDT

Paul Cowley, CEO and Director, acquired 488,000 Common Shares on an indirect ownership basis for registered holder Buena Tierra Developments Ltd. at a price of $0.400 through a prospectus or prospectus exempt offering on June 6th, 2019. The insider also acquired 488,000 Warrants with an exercise price of $0.650 for 3 years. This represents a $195,200 investment into the company's shares and an account share holdings change of greater than 100%.

Frederick J. Sveinson, a Senior Officer and Director, acquired 160,000 Common Shares on a direct ownership basis and 75,000 Common Shares on an indirect ownership basis for registered holder Bremar Management Services Ltd. The insider also acquired 160,000 Warrants on a direct ownership basis and 75,000 Warrants on an indirect ownership basis. This represents a $94,000 investment into the company's shares and an account share holdings change of 40.3%.

First Vanadium is in the Uranium Sub Industry Group under the Energy Sector.

First Vanadium Corp, formerly Cornerstone Metals Inc, is a Canada-based company engaged in the mining of vanadium. The Company has an option to earn interest in the Carlin Vanadium Project, located in Elko County approximately 20 kilometers by road from the town of Carlin, Nevada, the United States. The project is comprised of more than 70 contiguous unpatented mineral claims totaling more than 460 hectares. The Carlin Vanadium Project hosts the Carlin Vanadium Deposit, which is flat to shallow dipping and at shallow depths below surface. The Company also has interest in the West Jerome property, near Jerome, Arizona, the United States on the west side of Freeport McMoRan patented lands. The property, in a Volcanogenic Massive Sulfide camp, is a high-grade, massive sulfide target located more than two kilometers south of the past-producing United Verde.

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Go to First Vanadium Corp. (FVAN)'s company page

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First Vanadium Corp.

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