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Alamos Gold buying at Monarch Gold (:MQR)

Updated Friday Jun 12, 2020 03:57 AM EDT

Alamos Gold Inc. (AGI), a 10% Holder, acquired 3,000,000 Common Shares on a direct ownership basis at a price of $0.240 through a private transaction on June 10th, 2020. The insider also acquired 1,500,000 Warrants on a direct ownership basis at an exercise price of $0.240 until June 10, 2023. This represents a $720,000 investment into the company's shares and an account share holdings change of 7.4%.

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

Monarch Gold Corp, formerly Monarques Gold Corp, is a Canada-based gold mining company. The Company focuses on pursuing growth through its portfolio of projects in the Abitibi mining camp in Quebec, Canada. Monarch Gold Corp owns approximately 300 square kilometers of gold properties, including the Wasamac deposit, the Beaufor Mine, the Croinor Gold, McKenzie Break and Swanson advanced projects and the Camflo and Beacon mills, as well as other exploration projects. It also offers custom milling services out of its more than 1,500 tonne-per-day Camflo mill.

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