Sandstorm Gold Ltd. (SSL), a 10% Holder, acquired 2,400,000 Common Shares on a direct ownership basis at a price of $0.430 through a prospectus or prospectus exempt offering on September 11th, 2020. The insider also acquired 1,200,000 Warrants with an exercise price of $0.600 for three years. This represents a $1,032,000 investment into the company's shares and an account share holdings change of 6.4%.
Six other insiders also reported participating in the financing in smaller amounts.
Entree Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Entree Resources Ltd, formerly Entree Gold Inc., is a Canada-based mineral exploration company with a carried joint venture interest in copper-gold projects the Oyu Tolgoi project in Mongolia. The Entree/Oyu Tolgoi Joint Venture Property includes the Hugo North Extension and Heruga copper-gold deposits, as well as underexplored land package. The Company has approximately 30% carried interest in all mineralization identified above 560 meters' elevation, and approximately 20% carried interest in all mineralization extracted below 560 meters' elevation from the Entree/Oyu Tolgoi Joint Venture Property.
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