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Off-market insider buying at Gold79 Mines (V:AUU)

Updated Monday Apr 12, 2021 05:47 AM EDT

Gary Robert Thompson, a Director, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.080 through a private transaction on April 9th, 2021. The insider also acquired 2,000,000 Warrants on a direct ownership basis with an exercise price of $0.120 for 24 months. This represents a $160,000 investment into the company's shares and an account share holdings change of greater than 100%.

John Darin McNeice, CFO, acquired 1,593,500 Common Shares on a direct ownership basis at a price of $0.080 through a prospectus or prospectus exempt offering on April 9th, 2021. The insider also acquired 1,593,500 Warrants on a direct ownership basis at an exercise price of $0.120 through a prospectus or prospectus exempt offering on April 9th, 2021. This represents a $127,480 investment into the company's shares and an account share holdings change of 46.8%.

Gold79 Mines is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Gold79 Mines Ltd, formerly Aura Resources Inc., is a Canada-based company engaged in the acquisition, exploration and development of precious metal prospects in the southwest United States of America (USA). It holds 100% earn-in option and or purchase agreements on three gold projects. The two priority projects are located in Nevada, USA, Jefferson Canyon Gold Project and Tip Top Gold Project. The third is located in Arizona, USA called Gold Chain Project. The Company holds two projects with minority interest. It has approximately 37% interest in the Greyhound Project located in Nunavut, Canada. The Company also holds approximately 20% interest in the Taviche Project in Oaxaca, Mexico. Tip Top Gold Project is located in the area of Nevada, Walker Lane. Gold Chain Project is located approximately 20 kilometer (km) northwest from Bullhead City, Arizona.

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