Off-market insider buying at Kerr Mines (T:KER)

Fahad Mohammed Al Tamimi, a Senior Officer and Director, acquired 3,557,142 Common Shares on a direct ownership basis at a price of $0.140 through a prospectus or prospectus exempt offering on February 28th, 2020. The insider also acquired 3,557,142 Warrants Common Share Purchase Warrants with an exercise price of $0.210 until February 28, 2022. This represents a $498,000 investment into the company's shares and an account share holdings change of 19.4%.

In addition, Giulio Bonifacio, CEO and Director, acquired 2,200,000 Common Shares and 2,200,000 Warrants Common Share Purchase Warrants on a direct ownership basis. This represents a $308,000 investment into the company's shares and an account share holdings change of 48.9%.



Kerr Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Kerr Mines Inc is a Canada-based gold development and exploration company. The Company is engaged in exploration, evaluation and development of gold and mineral resource properties in North America. Its segments include Canada and United States. The Company focuses on gold production in its Copperstone property in the United States. The Copperstone Gold Mine is located in western Arizona, in the United States, within the Walker Lane mineral belt where it intersects gold provinces in Southern California and Western Arizona. These provinces host a total known gold endowment of over 40 million ounces of gold.