Miles Frederick Thompson, CEO and Director, acquired 461,540 Common Shares on a direct ownership basis at a price of $0.650 through a private transaction on June 17th, 2022. The insider also acquired 230,770 Warrants with an exercise price of $1.000 until June 17, 2025. This represents a $300,001 investment into the company's shares and an account share holdings change of 11.4%.
Three other insiders also participated in smaller amounts.
Lara Exploration is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Lara Exploration Ltd. is an exploration-stage company. The Company's principal business activities are the acquisition, exploration and development of mineral properties in South America, with exploration and evaluation properties in Brazil and Peru. The Company holds a portfolio of mineral properties located primarily in Brazil and Peru. Brazil includes projects, such as Planalto Copper Project, Tocantins Gold Project, Liberdade Copper Project, Celesta Copper Mine and Fofoca South Gold Project. The Peru includes projects, such as Corina Gold Project, Lara Copper Project, Puituco Zinc Project and Buenos Aires Project. Chile includes the Bahia Inglesa Phosphate Project. The Company's wholly owned subsidiaries include Maxy Gold Corp., Maxy Gold Peru S.A.C., Lara Peru S.A.C., Lara do Brasil Mineracao Ltda. and Planalto Mineracao Ltda.
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