Richard William Warke, a Director, acquired 13,472,145 Common Shares on an indirect ownership basis for registered holder Augusta Investments at a price of $0.350 through a private transaction on October 10th, 2019. He also acquired 6,736,072 Warrants with an exercise price of $0.500 for five long years. This represents a $4,715,251 investment into the company's shares and an account share holdings change of 27.0%.
In addition, Donald Richard Taylor, CEO and Director, acquired 1,428,571 Common Shares and 714,285 Warrants on a direct ownership basis. This represents a $500,000 investment into the company's shares and an account share holdings change of 50.1%. Finally, James Kitchener Gowans, a Director, acquired 285,000 Common Shares and 142,500 Warrants on a direct ownership basis. This represents a $99,750 investment into the company's shares and an account share holdings change of 45.2%.
Titan Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Titan Mining Corp is a Canada-based zinc exploration and development company. Its principal asset is the Empire State Mine Project, which includes the Empire State Mine, a near production, high grade and fully permitted zinc mineral project. The Empire State Mine is located in northern New York State. The Empire State Mine has measured and indicated mineral resources of approximately 2,100,000 tons with an average grade of approximately 13.3% zinc containing approximately 574 million pounds of zinc metal and inferred mineral resources of approximately 2,200,000 tons with an average grade of approximately 13.4% zinc containing approximately 609 million pounds of zinc metal. The Company's subsidiaries include: 1100951 BC td, Titan Mining (US) Corp, Balmat Holdings Corp and St. Lawrence Zinc Co.
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