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Off-market insider buying at Adamera Minerals (V:ADZ)

Updated Monday Jul 06, 2020 04:10 AM EDT

Mark Robert Kolebaba, CEO and Director, acquired 4,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on July 2nd, 2020. The insider also acquired 2,000,000 Warrants with an exercise price of $0.100 for one year. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Adamera Minerals Corp. is an exploration-stage company. The Company operates through the acquisition and exploration of mineral properties segment. The Company is in the process of exploring its mineral properties and has not yet determined whether these properties contain ore reserves that are economically recoverable. The Company conducts its business in the operating segment of acquisition and exploration of mineral properties. Its principal properties are located in Washington State, the United States. It also holds properties in northern Canada throughout Nunavut (NU) and the Northwest Territories (NWT). The Company acquires properties directly by staking, through option agreements with prospectors or other exploration companies, and through reconnaissance programs. Its exploration projects are related to exploration for gold and other precious metals in British Columbia, Canada. The Company has not generated any revenues from the exploration activities on its properties.

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Go to Adamera Minerals Corp. (ADZ)'s company page

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