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Alamos Gold buying at Orford Mining (V:ORM)

Updated Thursday Dec 23, 2021 01:59 AM EDT

Alamos Gold Inc., a 10% Holder, acquired 4,690,000 Common Shares on a direct ownership basis at a price of $0.180 through a private transaction on December 22nd, 2021. The insider also acquired 2,345,000 Warrants with an exercise price of $0.260 for two years. This represents a $844,200 investment into the company's shares and an account share holdings change of 15.9%.

Orford Mining is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Orford Mining Corporation is a Canada-based mineral resource company. The Company is primarily focused on the acquisition, exploration, and evaluation of base and precious metal assets. It is a gold exploration Company focused on prospective and underexplored areas of Northern Quebec. The Company's principal assets are the Qiqavik and West Raglan projects comprising a land package totaling over 80,000 hectares in the Cape Smith Belt of Northern Quebec. The Qiqavik Project hosts several new gold discoveries along a 40 kilometer (km) mineralized trend. The West Raglan project hosts Raglan-style nickel/copper/platinum group metal discoveries along a 55 km mineralized trend. The Company has three property positions in the Joutel region of the Abitibi District of northern Quebec, which hosts deposits such as the Eagle/Telbel, Joutel Copper, Poirier Copper, and Vezza deposits. The Company seeks new gold exploration opportunities in North America.

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Go to Orford Mining Corporation (ORM)'s company page

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