Eric Sprott, a 10% Holder, acquired 1,715,000 Common Shares on a direct ownership basis at a price of $0.350 through a prospectus or prospectus exempt offering on September 24th, 2020. The insider also acquired 857,500 Warrants with an exercise price of $0.450 for 36 months. This represents a $600,250 investment into the company's shares and an account share holdings change of 9.5%.
Trigon Metals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Trigon Metals Inc. is a Canada-based exploration and development company engaged in the acquisition, maintenance, exploration and development of mines and mineral properties in the African country of Namibia. Its core business is to focus on copper operations in Namibia It holds approximately 80% interest in over five mining licenses in the Otavi Mountain Lands, an area of Namibia. Within these licenses are over three past-producing mines, including the Company's property, the Kombat Mine. Kombat lies on the Northern Carbonate Platform of the Damara Orogen. The Company also owns the Silver Hill Project, which covers approximately 16 square kilometers (km) in the Anti-Atlas region of Morocco.
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