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10% holder buying at Lucky Minerals (:LJ)

Updated Tuesday Jun 14, 2022 02:55 AM EDT

Michael Gentile, a 10% Holder, acquired 12,750,000 Common Shares at a price of $0.056 and 12,750,000 Warrants exercisable at $0.10 on a direct ownership basis through a prospectus or prospectus exempt offering on June 9th, 2022. The insider also filed an opening balance of 8,875,000 Common Shares on a control or direction basis for registered holder Tenebris Foundation and an opening balance of 6,625,000 Warrants on a direct ownership basis on June 9th, 2022. This represents a $714,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Lucky Minerals is in the Gold Sub Industry Group under the Basic Materials Sector.

Lucky Minerals Inc. is a Canada-based exploration stage company. The Company is principally engaged in the acquisition, exploration, and evaluation of mineral properties. The Company through its subsidiary owns interest in the Fortuna Project in Ecuador. The Fortuna Project is a royalty-free, approximately 550 square kilometer exploration concession, and is located in the gold belt of southern Ecuador. The Fortuna Projects property consists of approximately 12 contiguous mining concessions. The Company also has option agreements to acquire 100% interests of certain patented and unpatented mineral claims in the Emigrant and St. Julian projects, both located in Montana, United States. The Company's subsidiaries include Lucky Minerals Montana, Inc (LMMI) and Goldmindex S.A. (Goldmindex).

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