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Off-market insider buying at Cardero Resource (V:CDU)

Updated Wednesday Nov 20, 2019 05:09 AM EDT

Robert Charles Kopple, a 10% Holder, acquired 10,833,333 Common Shares on an indirect ownership basis for registered holder KF Business Ventures, LP at a price of $0.030 through a prospectus or prospectus exempt offering on November 15th, 2019. The insider also acquired 10,833,333 Warrants with an exercise price of $0.050 for years. This represents a $325,000 investment into the company's shares and an account share holdings change of greater than 100%.

Cardero Resource is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Cardero Resource Corp. is an exploration-stage company. The Company is a junior resource mineral exploration and development company, which is engaged in the exploration of mineral properties in Canada, Argentina and the United States. The Company operates through the acquisition, exploration and development of mineral properties segment. The Company's projects include Zonia Copper Oxide Project and Carbon Creek Metallurgical Project. The Zonia Copper Oxide Project is located in Yavapai County, Arizona, the United States. The Zonia Copper Oxide Project consists of approximately 260 patented (over 100) and unpatented (approximately 180) mineral claims, and over 566.85 acres of surface rights consisting of approximately 4,279.55 acres total. These claims include lode mining claims and mill site claims, and are located in the Walnut Grove Mining District. The Carbon Creek Metallurgical Project is located in the Peace River Coalfield, northeast British Columbia.

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Go to Cardero Resource Corp. (CDU)'s company page

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Cardero Resource Corp.

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