P. Randy Reifel, CEO and Director, acquired 1,090,000 Common Shares on a direct ownership basis at a price of $0.500 through a prospectus or prospectus exempt offering on February 28th, 2022. The insider also acquired 545,000 Warrants on a direct ownership basis at an exercise price of $0.750 through a prospectus or prospectus exempt offering on February 28th, 2022. This represents a $545,000 investment into the company's shares and an account share holdings change of 83.3%.
Charles Joseph Ronkos, a Director, acquired 400,000 Common Shares on a direct ownership basis at a price of $0.500 through a private transaction on March 1st, 2022. The insider also acquired 200,000 Common Shares on a direct ownership basis at a price of $0.750 through granting of warrants on March 1st, 2022. This represents a $350,000 investment into the company's shares and an account share holdings change of greater than 100%.
Gunpoint Exploration is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.
Gunpoint Exploration Ltd. is a Canada-based company that is focused on the acquisition and exploration of precious metals located in the United States, Mexico and Guatemala. The Company owns a 100% interest in Talapoosa gold property located in Lyon County, Nevada. Talapoosa is a low-sulphidation gold-silver property located in the Walker Lane gold trend of western Nevada, approximately 45 kilometers (km) east of Reno. Talapoosa gold property consists of approximately 535 unpatented lode mining claims. Its La Cecilia Project (La Cecilia) is located in Sonora state, Mexico and comprises about three mineral concessions totaling approximately 794 hectares (ha). Its La Gitana Property (La Gitana) is located in Oaxaca State and encompasses approximately 494 ha. Its Cerro Minas Property (Cerro Minas) is located approximately 130 km southwest of Oaxaca City and comprises about 899 ha. Its El Escorpion Property (El Escorpion) is approximately 900 ha concession located in eastern Guatemala.
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