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Off-market insider buying at Luminex Resources (V:LR)

Updated Friday May 14, 2021 02:08 AM EDT

Ross J. Beaty, a 10% Holder, acquired 3,470,000 Common Shares on a direct ownership basis at a price of $0.720 through a private transaction on May 12th, 2021. This represents a $2,498,400 investment into the company's shares and an account share holdings change of 19.2%.

Luminex Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Luminex Resources Corp is a Canada-based company engaged in the acquisition, exploration and development of mineral resources primarily in Ecuador. The Company is focused on a business, which includes the entities and activities acquired by Lumina Gold Corp upon its acquisition of Ecuador Gold and Copper Corp. Its business consists, of the Condor Project and mineral concessions in Ecuador that have been granted to Lumina or subsidiaries of Lumina. The Condor Project is located in southern Ecuador. It includes the Escondida and Santa Elena concession areas. Within the overall Condor Project, the Chinapintza and Los Cuyes deposits are hosted in a subvolcanic system, consisting primarily of epithermal high-grade gold veins and breccia. Luminex Resources Corp. (LR) 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, two insiders have invested a total amount of $2,534,400.

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Go to Luminex Resources Corp. (LR)'s company page

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