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Off-market insider buying at halted Vangold Mining (:VAN)

Updated Tuesday Dec 03, 2019 02:07 AM EDT

Daniel Oliver, a Director, acquired 4,000,000 Common Shares on a control or direction basis for registered holder Myrmikan Gold Fund, LLC at a price of $0.050 through a prospectus or prospectus exempt offering on November 28th, 2019. The insider also acquired 4,000,000 Warrants at an exercise price of $0.100 for two years. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Vangold Mining Corp, formerly Vangold Resources Ltd, is a Canada-based development stage silver and gold company. The Company is focused on developing mining assets in Guanajuato, Mexico. The Company owns El Pinguico mine located approximately 5 kilometers southeast from Guanajuato city. The property consists of two mining concessions (El Pinguico and 2a Ampl. El Pinguico) for a total of 71 hectares. The Company is pursuing its strategic plan of becoming a senior producer through the development of its existing and growing mineral property assets. The Company is growing Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.

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