La Mancha Investments S.a.r.l., a 10% Holder, acquired 5,000,000 Common Shares on a direct ownership basis at a price of $0.700 through a private transaction on May 18th, 2022. This represents a $3,500,000 investment into the company's shares and an account share holdings change of 22.3%.
SRG Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
SRG Mining Inc is a Canada-based mining company that is focused on developing the Lola graphite deposit. The Company's projects include The Lola Graphite project and Gogota Base Metals project. The Company owns 100% of the Lola Graphite project is located approximately 1,000 kilometers South-East of Conakry, the capital of the Republic of Guinea. The Lola Graphite deposit is present at a surface over 8.7 kilometers, an average of 370 meters wide. The Gogota nickel-cobalt-scandium deposit is 100% owned by the Company and is located in south-eastern Guinea near the borders of Cote d'Ivoire and Liberia. The Gogota cobalt-nickel occurrence has a prospective surface area of 1.96 square kilometers and is approximately eight kilometers away from the Company's Lola graphite project. The Gogota deposit is located near the town of Lola in eastern Guinea, 1,000 kilometers from Conakry, the capital of the Republic of Guinea.
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