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Barrick buying at Midas Gold (V:MAX)

Updated Friday Jun 21, 2019 02:01 AM EDT

Barrick Gold Corporation (ABX) a 10% Holder, acquired 7,274,142 Common Shares on a direct ownership basis at a price of $0.600 through a prospectus or prospectus exempt offering on June 19th, 2019. This represents a $4,364,485 investment into the company's shares and an account share holdings change of 15.6%.

Midas Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Midas Gold Corp. (Midas Gold) is an exploration-stage company, which is engaged in exploring and acquiring mining properties. The Company's principal business is the exploration and, if warranted, development of the Stibnite Gold Project. It operates through the segment, which includes mineral exploration the United States. Its focus is to explore, evaluate and develop over three of the deposits known as the Hanger Flats Deposit, West End Deposit and Yellow Pine Deposit, all of which are located within the Stibnite Gold Project. The Stibnite Gold Project is located in central Idaho, the United States, which lies approximately 100 miles northeast of Boise, Idaho, over 40 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Mineral rights controlled by Midas Gold include patented lode claims, patented mill site claims, unpatented federal lode claims, and unpatented federal mill site claims and consist of approximately 29,223 acres or over 50 square miles.

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