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Electrum Global buying at Gabriel Resources (V:GBU)

Updated Tuesday Jun 21, 2022 02:33 AM EDT

Electrum Global Holdings L.P., a 10% Holder, acquired 4,440,693 Common Shares on a direct ownership basis at a price of $0.215 through a prospectus or prospectus exempt offering on June 17th, 2022. This represents a $954,749 investment into the company's shares and an account share holdings change of 3.6%.

Gabriel Resources is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Gabriel Resources Ltd. (Gabriel) is a resource company. The Company's principal business consists of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project consist of gold deposits, which is situated in the South Apuseni Mountains of Transylvania, Romania. Rosia Montana Project exploitation concession license covers approximately 2,388 hectares (ha). The project consists of four principal deposits, namely Cetate, Carnic, Orlea and Jig. In addition, Gabriel also conducts exploration work defining mineral deposits at the Rodu-Frasin (epithermal gold and silver) and Tarnita (porphyry copper-gold) sites within the Bucium area located in the vicinity of Rosia Montana (the Bucium Projects). The Bucium Project's exploration concession license covers approximately 2,325 ha. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A. along with Minvest Rosia Montana S.A.

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Go to Gabriel Resources Ltd. (GBU)'s company page

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Gabriel Resources Ltd.

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