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Off-market insider buying at Goldsource Mines (V:GXS)

Updated Friday May 21, 2021 02:33 AM EDT

Nathan Eric Fier, a Senior Officer and Director, acquired 1,820,000 Common Shares on an indirect ownership basis for registered holder Maverick Mining Consultants Inc. at a price of $0.110 through a prospectus or prospectus exempt offering on May 20th, 2021. The insider also acquired 910,000 Warrants with an exercise price of $0.140 until May 20, 2023. This represents a $200,200 investment into the company's shares and an account share holdings change of 21.0%.

Two other insiders also participated.

Goldsource Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Goldsource Mines Inc. is a resource company. The Company is engaged in exploration and development. The Company is involved in the acquisition, exploration and evaluation of resource properties located in Canada and Guyana. The Company focuses to advance its Eagle Mountain Gold Project in Guyana, South America towards initial production. Its other mineral interests consist of coal exploration properties located in Saskatchewan, including the Border Coal Project. The Company, through its subsidiary, Stronghold Guyana Inc., holds a prospecting license on the Eagle Mountain Gold Project. The Eagle Mountain gold project is located approximately 200 kilometers southwest of Guyana's capital, Georgetown and over 50 kilometers from the Omai Gold Mine. The Border Coal Project is located on the eastern edge of central Saskatchewan, approximately 50 kilometers north of the town of Hudson Bay. The Border Property consists of approximately 16,070 hectares.

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Go to Goldsource Mines Inc. (GXS)'s company page

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