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Two buying at Spanish Mountain Gold (V:SPA)

Updated Monday Aug 12, 2019 02:23 AM EDT

Larry Yau, CEO, acquired 1,282,500 Common Shares on a direct ownership basis at a price of $0.080 through a private transaction on August 6th, 2019. The insider also acquired 1,282,500 Warrants with an exercise price of $0.120 for two years. This represents a $102,600 investment into the company's shares and an account share holdings change of 28.3%.

In addition, Christopher Lattanzi, a Director, acquired 250,000 and 250,000 Warrants on a direct ownership basis. This represents a $20,000 investment into the company's shares and an account share holdings change of 28.8%.

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

Spanish Mountain Gold Ltd. is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company operates in mineral exploration segment. Its long-term assets are located in Canada. The Company's primary asset is the Spanish Mountain property, which is located in the Cariboo region of central British Columbia, approximately six kilometers east of the village and over 66 kilometers northeast of the City of Williams Lake. The Spanish Mountain gold deposit is classified as a sediment-hosted vein (SHV) deposit. The Spanish Mountain Project is entering the pre-production phase of its development. The property consists of approximately 45 contiguous mineral claims and over six placer claims and covers an area of approximately 7,700 hectares, and is 100% owned by the Company. The Spanish Mountain gold deposit is a bulk-tonnage, gold system of finely disseminated gold. Its subsidiary is Wildrose Resources Ltd.

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Go to Spanish Mountain Gold Ltd. (SPA)'s company page

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Spanish Mountain Gold Ltd.

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