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Off-market insider buying at Contact Gold (V:C)

Updated Friday Oct 02, 2020 04:39 AM EDT

Waterton Nevada Splitter, a 10% Holder, acquired 69,412,978 Common Shares on a direct ownership basis at a price of $0.195 through a private transaction on September 29th, 2020. This represents a $13,535,531 investment into the company's shares and an account share holdings change of greater than 100%.

John Andrew Dorward, a Director, acquired 250,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on September 29th, 2020. The insider also acquired 125,000 Warrants with an exercise price of $0.270 until September 29, 2022. This represents a $50,000 investment into the company's shares and an account share holdings change of 76.0%.

Contact Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Contact Gold Corp is a Canada-based gold exploration company focused on leveraging its properties, people, technology and capital to make district scale gold discoveries in Nevada. The Company is focused on the Pony Creek, Dixie Flats and North Star properties which are located on the southern Carlin trend to the south of Newmont Mining's Rain and Emigrant mines and flank Gold Standard Ventures' Railroad-Pinion Project. The properties host Carlin type gold systems and numerous targets that have been the subject of intermittent exploration campaigns including approximately 200 drill holes and historic resource estimates. The Company's land position is comprised of approximately 24,772 hectares of target rich mineral tenure which hosts numerous known gold occurrences, ranging from early- to advanced-exploration and resource definition stage.

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Go to Contact Gold Corp. (C)'s company page

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