Patrick Downey, CEO and Director, acquired 200,000 Common Shares on a direct ownership basis at a price of $0.540 through a prospectus or prospectus exempt offering on January 29th, 2020. The insider also acquired 100,000 Warrants with an exercise price of $0.800 on or before January 29, 2023. This represents a $108,000 investment into the company's shares and an account share holdings change of 4.7%.
Other insiders buying included Michael Henreid Halvorson, a Director, who also acquired 200,000 Common Shares and 100,000 Warrants on a direct ownership basis. This represents an account share holdings change of 5.8%.
Orezone Gold is in the Gold Sub Industry Group under the Basic Materials Sector.
Orezone Gold Corporation is a Canada-based company that is engaged in the exploration and development of gold properties in Burkina Faso, West Africa. The Company owns interest in Bombore Project. The Company's Bombore Project is the undeveloped gold deposit in Burkina Faso. The property is comprised of a block of contiguous permits approximately 15,029 hectares located in the Ganzourgou Province, approximately 85 kilometers east of the capital city of Ouagadougou.
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