Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 6,666,667 Common Shares on a direct ownership basis at a price of $0.600 through a prospectus or prospectus exempt offering on May 14th, 2021. The insider also acquired 6,666,667 Warrants with an exercise price of $0.700 for 24 months. This represents a $4,000,000 investment into the company's shares and an account share holdings change of greater than 100%.
Exploits Discovery is in the Gold Sub Industry Group under the Basic Materials Sector.
Exploits Discovery Corp, formerly Mariner Resources Inc., is a Canada-based mineral exploration company. It is focused on the acquisition and development of mineral projects in Newfoundland, Canada. Its properties include Middle Ridge Property, True Grit property, Mt. Peyton, Jonathans Pond, Gazeebow, Dog Bay, Katie Project and Great Bend projects. Its projects cover an area of approximately 1,760 square kilometers (km) and lies within the Exploits Subzone and Gander River Ultramafic Belt (GRUB) of the Dunnage Zone. The Middle Ridge property is located in Central Newfoundland and consists of approximately 1,582 mineral claims covering approximately 395 square km. The Great Bend Property consist of approximately 1,536 mineral claims encompassing a land area of 487 square km. The Gazeebow Property consists of approximately 98 mineral claims encompassing a land area of 24 square km. The Katie Project is approximately 26 square km and has gold and volcanogenic massive sulfide targets.
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