William Pugliese, a Director, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.200 through a private transaction on December 15th, 2020. This represents a $100,000 investment into the company's shares and an account share holdings change of 22.5%.
Three other insiders also participated in the financing in smaller amounts.
Compass Gold is in the Gold Sub Industry Group under the Basic Materials Sector.
Compass Gold Corp is Canada-base company. The Company through its subsidiary Mali Gold Exploration Pty Ltd engages in gold exploration and mining sector. Mali Gold Exploration Pty Ltd holds gold exploration permits on number of sites in Southern Mali in the same region as several multi-million-ounce gold projects. The Sikasso Property consists of around five prospecting permits located within the Sikasso Region of the Republic of Mali. The Property divided into the Yanfolila Block, consisting of the adjoining Ouassada and Sankarani permits in the north, and the adjoining Kourou and Tieoulena permits in the south. The Kal permit is situated approximately 230 kilometers east-southeast of the southern Yanfolila block permits, covering an area of approximately 250 square kilometers. All permits are owned by Compass's subsidiary Mali Gold Exploration Pty Ltd (MGE).
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