George Edward Patton, a 10% Holder, acquired 800,000 Common Shares on a direct ownership basis at a price of $0.125 through a prospectus or prospectus exempt offering on October 6th, 2020. The insider also acquired 800,000 Warrants on a direct ownership basis with an exercise price of $0.200 for two years. This represents a $100,000 investment into the company's shares and an account share holdings change of 4.2%.
Two other insiders also reported participating in the financing in smaller amounts.
PJX Resources is in the Gold Sub Industry Group under the Basic Materials Sector.
PJX Resources Inc. is a Canada-based exploration-stage company. The principal activities of the Company are mineral exploration projects located near Cranbrook, British Columbia. The Company's principal mineral property is the Dewdney Trail Property. The Company also holds over four additional properties (the Vine (including the Vine Extension), Eddy, Zinger and West Basin). The Dewdney Trail property is located upstream from placer deposits in Wildhorse Creek and is over 13,500 hectares in size. The Vine property is over 8,000 hectares in size. The Eddy property consists of approximately 15,000 hectares of land on the north flank of the Moyie River. The Zinger Property covers approximately 14,000 hectares of land and is located on the north flank of Perry Creek, directly upstream from the historic Perry Creek placer gold deposits. The West Basin Property is approximately 3,400 hectares in size.
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