John Philip Adrian Budreski, a Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.075 through a prospectus or prospectus exempt offering on October 8th, 2019. The insider also acquired 500,000 Warrants an exercise price of $0.120 for 36 months. This represents a $75,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Gregory Todd Chu, a Senior Officer, acquired 400,000 Common Shares and 200,000 Warrants on an indirect ownership basis for registered holder Gregory T. Chu, A Law Corporation. This represents a $30,000 investment into the company's shares and an account share holdings change of 42.8%.
NuLegacy Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
NuLegacy Gold Corporation is an exploration company, which is engaged in acquisition and exploration of mineral properties in the United States. The Company is focused on exploration properties in Eureka County, Nevada. It is focused on exploring Iceberg (Red Hill) Project, which is located in Eureka County, Nevada, and includes approximately 1,300 unpatented lode mining claims covering approximately 100 square kilometers. The Iceberg (Red Hill) Project comprises Iceberg Property option agreement, which consists of approximately 820 unpatented lode mining claims comprising over 60 square kilometers, and Idaho Resources (Wilson) Property option agreement, which consists of approximately 480 unpatented lode mining claims compromising over 40 square kilometers. Through an agreement with Idaho Resources Corporation, the Company has possession and control to explore, develop, mine and operate on the Wilson property, which consists of approximately 480 unpatented lode mining claims.
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