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Multiple buying at Regulus Resources (V:REG)

Updated Monday Dec 30, 2019 02:03 AM EDT

John Ernest Black, a Senior Officer and Director, acquired 250,000 Common Shares on a direct ownership basis at a price of $1.060 through a prospectus or prospectus exempt offering on December 27th, 2019. The insider also acquired 125,000 Warrants with at an exercise price of $1.700 for 24 months. This represents a $265,000 investment into the company's shares and an account share holdings change of 9.0%.

In addition, Senior Officers and Directors Kevin Bruce Heather, and Mark Wayne, also made a $265,000 investment each into the company's shares. Four other insiders also reported participating in amounts of less than $100,000 each.

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

Regulus Resources Inc. (Regulus) is a Canada-based mineral exploration company. The Company is engaged in the exploration and development of exploration and evaluation assets. The Company holds approximately 50% interest in the Rio Grande copper-gold porphyry project in Salta Province, Argentina (Rio Grande), held through its subsidiary, Mineras Antares Argentina S.A. The Company owns an option to earn an interest in the AntaKori project through option agreements executed by its Peruvian subsidiary, Southern Legacy Peru S.A.C. (SLM Peru). In addition to the AntaKori and Golden Brew properties, the Company holds approximately 100% interest in the Puchuldiza property in Chile, approximately 100% interest in the Rio Grande, Aguas Calientes, El Camino, Catua, Oscuro and La Frontera properties in Argentina and the Fireweed property in British Columbia, Canada. It has operations in Canada, Bermuda, Argentina, Peru and the United States.

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Go to Regulus Resources Inc. (REG)'s company page

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