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Off-market insider buying at Margaux Resources Ltd. (:MRL)

Updated Monday Jul 13, 2020 03:01 AM EDT

Stephen Joseph James Letwin, a Director, acquired 5,333,333 Common Shares on a direct ownership basis at a price of $0.090 through a private transaction on July 10th, 2020. This represents a $480,000 investment into the company's shares and an account share holdings change of 64.8%.

Margaux Resources Ltd. is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Margaux Resources Ltd. is a mineral exploration company. The Company focuses on the exploration and development of properties in the Kootenay Arc location in southern British Columbia, including Jersey Emerald, Jackpot/Oxide, Sheep Creek and Bayonne Properties. The Bayonne Property is located in the Kootenay Arc belt, approximately 42 kilometers east of Salmo. The Jersey Emerald Property is located in southeastern British Columbia, approximately 10 kilometers southeast of the community of Salmo. The Jackpot/Oxide Property is located in the Kootenay Arc belt in southeastern British Columbia, approximately 15 kilometers northeast of the community of Salmo, and consists of mineral claims and crown grants, covering approximately 1,330 hectares in the Nelson Mining Division. The Sheep Creek Property is located in the Kootenay Arc belt, approximately 12 kilometers east of Salmo, and includes approximately 70 crown granted claims and eight mineral cell claims in the Nelson Mining Division.

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Go to (MRL)'s company page

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