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Off-market insider buying at AsiaBaseMetals (V:ABZ)

Updated Thursday May 05, 2022 04:37 AM EDT

Terrylene Penstock, CFO and Director, acquired 1,965,000 Common Shares on a direct ownership basis at a price of $0.110 through a prospectus or prospectus exempt offering on April 27th, 2022. The insider also acquired 1,965,000 Common Shares warrants on a direct ownership basis at an exercise price of $0.140 through a prospectus or prospectus exempt offering on April 27th, 2022. This represents a $216,150 investment into the company's shares and an account share holdings change of greater than 100%.

AsiaBaseMetals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Asiabasemetals Inc. is a Canada-based company, which operates in the mining sector. The Company is focused on the exploration and development of zinc and base metals. The Company's project includes Gnome Project (Zinc & Cobalt) and Thazi (Lithium) project. The Gnome project comprises of approximately 12 mineral claims in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, which is located approximately 35 kilometers south-east along trend from Teck Resources Limited Cirque deposit and approximately 15 kilometers south east from the Cardiac Creek deposit. The Thazi (Lithium) project comprises of approximately 74 square kilometers located in the Hlaing Det area in the Meiktila District, known as the main Feldspar-producing area of Myanmar, are located 14 kilometers from the town of Thazi in Central Myanmar.

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Go to AsiaBaseMetals Inc. (ABZ)'s company page

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