Private Eye

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Off-market insider buying at Engineer Gold Mines (V:EAU)

Updated Friday Jul 24, 2020 04:24 AM EDT

Maxwell Anthony Munday, a 10% Holder, acquired 2,000,000 Common Shares on an indirect ownership basis for registered holder Munday Home Sales Ltd. at a price of $0.060 through a prospectus or prospectus exempt offering on July 16th, 2020. The insider also acquired 1,000,000 Warrants with exercise price of $0.120 expiring January 16, 2023. This represents a $120,000 investment into the company's shares and an account share holdings change of 80.0%.

Engineer Gold is focused on the exploration and development of the 100%-owned, 14,020 ha Engineer Gold Mine Property, centered on the Historic high-grade Engineer Gold Mine situated 32 km southwest of Atlin, B.C. Previous work has identified numerous high-grade vein and shear-hosted bulk-tonnage gold exploration targets including Wann River to the southwest and Happy Sullivan to the northeast of the Engineer Gold Mine.

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Go to Engineer Gold Mines Ltd. (EAU)'s company page

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