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Off-market insider buying at Castle Peak Mining (:CAP)

Updated Friday Dec 31, 2021 02:02 AM EDT

Allan Green, CEO, Director and 10% Holder, acquired 29,494,612 Common Shares on an indirect ownership basis for registered holder Candel and Partners SAS at a price of $0.015 through a prospectus or prospectus exempt offering on December 30th, 2021. This represents a $442,419 investment into the company's shares and an account share holdings change of 78.8%.

Castle Peak Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

Castle Peak Mining Ltd. is a Canada-based exploration company. The Company is engaged in the business of exploration and evaluation of mineral properties in Ghana, Africa. The Company's Akorade project is located in southwest Ghana, in the southern portion of the Ashanti gold belt. This prospective land package encompasses approximately 225 square kilometers, lying within approximately 50 kilometers of five producers accounting for approximately 50 million ounces in gold reserves and resources. The Company has an initial discovery, the Apankrah Deposit, an inferred mineral resource estimate of approximately 275,000 tons at 8.6 g/t Au for a total of approximately 76,000 contained ounces. The Company has 95% ownership interest in Nkwanta concession, Asuogya concession, Kedadwen concession and Ayiem concession. The company owns 100% of Prince of Wales International Limited (POW), Enyinase concession, Minerals Commission and Dompem concession. It has 90% interest in the Bonsaso concession.

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