Newmont Mining Corporation, a 10% Holder, acquired 15,793,000 Common Shares on an indirect ownership basis for registered holder Peartree Securities Inc. at a price of $0.047 through a prospectus or prospectus exempt offering on March 31st, 2020. This represents a $740,692 investment into the company's shares and an account share holdings change of greater than 100%.
Joseph Mullin, a Senior Officer and Director, acquired 666,668 Common Shares on a direct ownership basis at a price of $0.060 through a private transaction on March 31st, 2020. The insider also acquired 333,334 Warrants on a direct ownership basis at an exercise price of $0.090 through a private transaction on March 31st, 2020. This represents a $40,000 investment into the company's shares and an account share holdings change of 71.1%.
Colorado Resources is in the Gold Sub Industry Group under the Basic Materials Sector.
Colorado Resources Ltd. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties. Its properties include North ROK property, Hit property, Heart Peaks property and KSP Property. The North ROK property has approximately 10 mineral tenures that covers over 5,190 hectares. The North ROK property is located approximately 70 kilometers south of Dease Lake and straddles Highway 37 over 15 kilometers northwest of Red Chris mine development project in northern British Columbia. The Hit property has approximately 100 mineral tenures covering over 21,750 hectares, including over two additional claims. The Hit property is located approximately 30 kilometers north of Princeton, British Columbia. The Company holds a mineral tenure, GJ Key property, located approximately 30 kilometers southwest of the Company's North ROK property. The Company has an option to acquire interests in the KSP Property. It also holds the KingPin property.
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