Michael Jeffrey Williams, CEO and Director, acquired 833,333 Common Shares on an indirect ownership basis for registered holder Octavian Capital Corp. at a price of $0.090 through a prospectus or prospectus exempt offering on July 30th, 2019. The insider also acquired 833,333 Warrants with an exercise price of $0.130 for 3 years. This represents a $75,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Peter Voulgaris, a Director, acquired 500,000 Common Shares and 500,000 Warrants on an indirect ownership basis for registered holder Elysium Mining Ltd. This represents a $45,000 investment into the company's shares and an account share holdings change of 14.6%. Sheryl Elsdon, a Senior Officer, acquired 100,000 Common Shares and 100,000 Warrants. This represents a $9,000 investment into the company's shares and an account share holdings change of 33.3%.
Vendetta Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Vendetta Mining Corp. is an exploration-stage company. The Company is engaged in the business of exploration and evaluation of mineral resources in Australia. It engages principally in the acquisition and exploration of resource properties, focusing on lead and zinc. It focuses on advanced-stage exploration projects in Australia, which includes the Pegmont Lead Zinc project. The Pegmont Lead Zinc project is located in northwest Queensland, Australia. The project is situated approximately 175 kilometers southeast of Mount Isa, over 130 kilometers south-southeast of Cloncurry and approximately 700 kilometers west-southwest of Townsville. The Pegmont lead-zinc-silver deposit is located approximately 25 kilometers east of Cannington silver-lead-zinc mine and over 28 kilometers north of Osborne copper-gold mine. The project consists of approximately three granted mining leases and over two exploration permits that cover an area of approximately 3,468 hectares. It has no operating revenue.
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