2176423 Ontario Ltd., a 10% Holder, acquired 2,500,000 Common Shares on a direct ownership basis at a price of $0.710 through a prospectus or prospectus exempt offering on August 21st, 2020. The insider also acquired 1,250,000 Warrants with an exercise price of $1.100 for 24 months. This represents a $1,775,000 investment into the company's shares and an account share holdings change of 19.7%.
Dolly Varden Silver is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.
Dolly Varden Silver Corporation is a mineral exploration company. The Company's primary business is the acquisition, exploration, evaluation and development of exploration and evaluation assets. The Company is focused on the exploration of the Dolly Varden Silver property located in Northwestern British Columbia, Canada. The Dolly Varden Project contains the core of the Dolly Varden Mining Camp north of Alice Arm, within the Stewart Complex in northwestern British Columbia. The Dolly Varden Project consists of an area of approximately 8,800 hectares, and includes the Dolly Varden and Big Bulk claims and an option to hold interests in the Musketeer property. The Dolly Varden properties encompass various underground workings, including the Dolly Varden, North Star, Torbrit and Wolf Mines, as well as other showings and various mineralized prospects. The Company has no producing properties. The Company has not generated any revenues.
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