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Multiple insider buying at Cornerstone Capital Res (V:CGP)

Updated Friday Dec 11, 2020 01:48 AM EDT

Dmyant Sangha, a 10% Holder, acquired 255,000 Common Shares on an indirect ownership basis for registered holder Maxit Capital LP at a price of $5.000 through a prospectus or prospectus exempt offering on December 9th, 2020. This represents a $1,275,000 investment into the company's shares and an account share holdings change of 4.6%.

In addition, H. Gregory Chamandy, a Director and 10% Holder, acquired 100,000 Common Shares on a direct ownership basis at a price of $5.000 through a prospectus or prospectus exempt offering on December 9th, 2020. This represents a $500,000 investment into the company's shares and an account share holdings change of greater than 100%.

Six other insiders also reported participating in smaller amounts.

Cornerstone Capital Res is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Cornerstone Capital Resources Inc. (Cornerstone) is engaged in the evaluation, acquisition and exploration of mineral properties in Ecuador and Chile. The Company focuses on developing the properties, bring them into production, option or lease properties to third parties, or sell the properties outright. It operates in the acquisition and exploration, and evaluation activities segment. The Miocene project is located in the regions of Atacama and Antofagasta of northern Chile. The Miocene project is focusing on epithermal gold-silver and porphyry gold-copper deposits. The Bella Maria property is located approximately 50 kilometers southeast of the city of Machala in southwestern Ecuador and covers over 10.4 square kilometers. The Monterrey Property covers an area of approximately 20 square kilometers located in southern Ecuador. The Cascabel property covers an area of over 50 square kilometers. The Vetas Grandes property covers an area of approximately 300 square kilometers.

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Go to Cornerstone Capital Resources Inc. (CGP)'s company page

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