Devidas Shetty, CEO and Director, acquired 9,000,000 Common Shares on a direct ownership basis at a price of $0.250 through a prospectus or prospectus exempt offering on October 10th, 2019. This represents a $2,250,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Ashim Kumar Roy, a Senior Officer, acquired 500,000 Common Shares on a direct ownership basis. This represents a $125,000 investment into the company's shares and an account share holdings change of 81.6%. Damian Lopez, a Senior Officer, acquired 250,000 Common Shares on a direct ownership basis. This represents a $62,500 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Ryan Jeffery Ptolemy, CFO, acquired 75,000 Common Shares on a direct ownership basis. This represents a $18,750 investment into the company's shares and an account share holdings change of greater than 100%.
Fura Gems is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Fura Gems Inc, formerly Fura Emeralds Inc, is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration and evaluation of properties in Canada and abroad. The Company operates in Canada, Barbados and Colombia. The Company has an emerald concession located in the Boyaca District in Colombia. The Company is exploring the exploration concession contract, ECH-121, a grassroots emerald license, located approximately two kilometers south of the Muzo emerald mine. The rocks in these areas consist of a monotonous succession of black mudstones with carbonaceous content and minor interbedded siltstones. The Company's Iron Horse property is located in the Skeena Mining Division in the Province of British Columbia. The Iron Horse property stretches from over 60 kilometers north of the high grade Eskay Creek gold-silver mine owned by Barrick Gold Corp. The Company's subsidiaries include Fura Emeralds (Barbados) Inc. and Fura de Colombia S.A.S.
No Comments