Heye Edmund Daun, CEO and Director, acquired 685,714 Common Shares on a direct ownership basis at a price of $0.350 through a prospectus or prospectus exempt offering on July 17th, 2019. The insider also acquired 342,857 Warrants with an exercise price of $0.550 for 24 months. This represents a $240,000 investment into the company's shares and an account share holdings change of 66.1%.
In addition, David Lancaster Hodgson, a Director, acquired 80,000 Common Shares and 40,000 Warrants on a direct ownership basis. This represents a $28,000 investment into the company's shares and an account share holdings change of 100.0%. Lazarus Openituuka Shigwedha, a Director, acquired 12,857 Common Shares and 6,429 Warrants on a direct ownership basis. This represents a $4,500 investment into the company's shares and an account share holdings change of greater than 100%.
Osino Resources is in the Gold Sub Industry Group under the Basic Materials Sector.
Osino Resources Corp, formerly Romulus Resources Ltd, is a Canada-based company focused on the acquisition and development of gold projects in Namibia. Through subsidiaries, the Company's Namibian interests comprise more than 17 exclusive exploration licenses located within the central zone of Namibia's prospective Damara belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines. Osino Resources Corp focuses on developing its Karibib regional targets and Goldkuppe discovery and satellite targets, as well as defining new grassroots exploration targets in the Otjikoto East area, the Karibib Gold Project. The Company also holds a portfolio of other gold exploration properties in Namibia. The Karibib Gold Project is located approximately 130 kilometers north-west of Namibia's capital city, Windhoek.
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