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Off-market insider buying at Klondlike Gold (V:KG)

Updated Tuesday May 19, 2020 04:10 AM EDT

Peter Tallman, CEO and Director, acquired 1,800,000 Common Shares on a direct ownership basis at a price of $0.175 through a private transaction on May 13th, 2020. The insider also acquired 1,800,000 Warrants with an exercise price of $0.250  until August 23, 2022. This represents a $315,000 investment into the company's shares and an account share holdings change of 48.8%.

In addition, Gordon Keep, a Director, acquired 200,000 Common Shares on a direct ownership basis and 117,143 Common Shares on a control or direction basis for registered holder Fiore Management & Advisory Corp.He also acquired 200,000 Warrants on a direct ownership basis and 117,143 Warrants on a control or direction basis for registered holder Fiore Management & Advisory Corp. This represents a $55,500 investment into the company's shares and an account share holdings change of 12.7%.

Klondlike Gold is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Klondike Gold Corp is a Canada-based resource exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company holds exploration properties in Canada, with a focus on the Yukon Territory. It holds interest in Indian River valley property, which is located 35 kilometers south of Dawson City and forms the southern boundary of the Klondike Gold Fields. Its exploration licenses in Portugal, including Balazar, Valongo, Legares, Castelo do Paiva and Ponte de Barca, totals approximately 604 square kilometers area. The Company maintains an interest in a small property in Ontario adjacent to the Young-Davidson mine. The Company's properties include non-contiguous groups of claims acquired by staking and option agreements in the southeastern mountain region of British Columbia. Its properties in British Columbia include Panda Irishman, Quartz Mountain, Cruz-Midway, Hughes Range, Ron Gold and Red Point.

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Go to Klondike Gold Corp. (KG)'s company page

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