Joseph Fazzini, CFO, acquired 1,402,173 Common Shares on a direct ownership basis at prices ranging from $0.100 to $0.115 through a prospectus or prospectus exempt offering on March 6th, 2020. The insider also acquired 375,000 Warrants with an exercise price of $0.130 for two year. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Blair Schultz, a Director, acquired 500,000 Common Shares and 250,000 Warrants on an indirect ownership basis for registered holder Schultz Family Trust 2016. This represents a $50,000 investment into the company's shares and an account share holdings change of 38.5%.
Eastmain Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Eastmain Resources Inc. is an exploration-stage company engaged in the exploration of metallic mineral resource properties within Canada. The Company's primary focus is exploration for precious metals in the Eastmain/Opinaca areas of James Bay, Quebec. It owns interest in two gold deposits, which include Eau Claire and the Eastmain Mine, and holds interest in Eleonore South, a mineral exploration joint venture. Its projects include Clearwater, which covers approximately 200 square kilometers of Archean geology; Eastmain Mine Property, which is located approximately 375 kilometers North-East of the town of Chibougamau and comprises over 150 mineral claims, and the Eleonore South Joint Venture, which is an exploration drilling-stage project that lies in the Opinaca geologic Sub-province of James Bay, Quebec. It also owns interest in certain mineral properties comprising the Ruby Hill project; Lac Lessard project; Reservoir property; Lac Hudson project and Lac Elmer project, among others.
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