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Eric Sprott buying at Generation Mining (T:GENM)

Updated Tuesday Jan 05, 2021 03:28 AM EDT

Eric S. Sprott, a 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.770 through a prospectus or prospectus exempt offering on December 30th, 2020. This represents a $1,540,000 investment into the company's shares and an account share holdings change of greater than 100%.

Generation Mining is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Generation Mining Ltd is a Canada-based junior natural resource mining company. The Company is a base and precious metals exploration and development company with various property interests throughout Canada. Generation Mining Ltd's primary business objective is to explore and further develop the Davidson Molybdenum project in British Columbia, Canada and its other mineral properties, and to continue to increase its portfolio of base and precious metal property assets through acquisitions. The Davidson Molybdenum project is a property that hosts a molybdenum-tungsten deposit, which consists of more than five mineral leases and mining claims covering an area of approximately 2,000 hectares. Generation Mining Limited (GENM) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $1,540,000.

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