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Off-market insider buying at TerraX Minerals (:TXR)

Updated Tuesday Dec 31, 2019 02:59 AM EDT

Gerald Panneton, a Senior Officer, acquired 600,000 Common Shares on an indirect ownership basis for registered holder Joint account G Panneton G Klein at a price of $0.250 through a prospectus or prospectus exempt offering on December 27th, 2019. This represents a $150,000 investment into the company's shares and an account share holdings change of 26.8%.

TerraX Minerals is in the Gold Sub Industry Group under the Basic Materials Sector.

TerraX Minerals Inc. is a Canada-based junior gold exploration company. The Company is focused on the Yellowknife gold mining districts in Canada. Its projects include Yellowknife City Gold (YCG) project, Stewart Gold-Copper Property and the Mulligan Project. The YCG project encompasses approximately 783 square kilometers (km) of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. The project lies on the Yellowknife greenstone belt and covers approximately 67 km of length on the southern and northern extensions of the shear system. The Stewart Gold-Copper Property is located in the Burin Peninsula of Newfoundland and consists of two mineral exploration licenses, totaling approximately 137 claims, located approximately 30 km north-northeast of the town of Marystown. The Mulligan Project is located in the Province of New Brunswick made up of approximately 12 mining claims comprising 413 units and covering 8,200 hectares.

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