Anthony John Beruschi, CEO and 10% Holder, acquired 2,000,000 Common Shares at a price of $0.10 and 2,000,000 Warrants exercisable at $0.12 for a period of three years on a direct ownership basis through a prospectus or prospectus exempt offering on October 3rd, 2019. This represents a $200,000 investment into the company's shares and an account share holdings change of 6.9%.
Under the same terms, Blizzard Finance Corp., a 10% Holder, acquired 1,000,000 Common Shares and 1,000,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on October 3rd, 2019. This represents a $100,000 investment into the company's shares and an account share holdings change of 10.5%.
Goldbank Mining is in the Gold Sub Industry Group under the Basic Materials Sector.
Goldbank Mining Corporation is a resource property exploration and development company. The Company is engaged in exploration and development in the Yukon, including the Leota Gold project, a block of hard rock mining claims of gold properties in the Klondike region of the Yukon territories, Canada, and the Hasenfuss. The Company entered into a property option agreement to acquire approximately 100% right, title and interest in and to the over 830 hard rock mining claims called the Leota Gold Property located on the Klondike Goldfields in the Dawson Mining District, Yukon Territory, Canada. It also entered into an option agreement to acquire approximately two claims contiguous with the Company's Leota gold project. The Company entered into a property option agreement to acquire an interest in the Buck Lake Project located in the Thunder Bay Mining Division, Ontario. Goldbank Mining Corporation (GLB) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, two insiders have invested a total amount of $300,000.
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