GFL International Co., Ltd., a 10% Holder, acquired 26,678,571 Common Shares on a direct ownership basis at a price of $0.140 through a prospectus or prospectus exempt offering on October 14th, 2021. The insider also acquired 13,339,285 Warrants on a direct ownership basis at an exercise price of $0.250 until Oct. 14, 23. This represents a $3,735,000 investment into the company's shares and an account share holdings change of 67.5%.
Arena Minerals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Arena Minerals Inc. is a Canada-based mineral exploration company. The Company is engaged in lithium and copper exploration and development Company with assets in in Argentina and Chile. The Company is into acquisition, exploration and development of properties located in South America. The Company owns the Antofalla lithium brine project in Argentina, consisting of four claims covering a total of approximately 6,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation's Antofalla project. The Company has developed a brine processing technology using brine type reagents derived from the Antofalla project with the objective of producing battery grade lithium products. Arena also owns 80% of the Atacama Copper property consisting of two projects covering approximately 5,000 hectares within the Antofagasta region of Chile.
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