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10% holder buying at RJK Explorations (V:RJX)

Updated Wednesday Jun 22, 2022 02:08 AM EDT

Robin Lowe, a 10% Holder, acquired 4,125,516 Common Shares at a price of $0.11 and 4,125,516 Warrants exercisable at $0.25 on an indirect ownership basis for registered holder Great Lakes Nickel Ltd. through a private transaction on June 15th, 2022. This represents a $453,807 investment into the company's shares and an account share holdings change of 60.0%.

RJK Explorations is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

RJK Explorations Ltd is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of early-stage mineral resource properties. The Company has acquired, through staking and mineral option agreements, over 10,500 hectares in the Cobalt and area mining camp. In addition, the Company staked approximately 222 mining claims consisting of approximately 5,550 hectares in the Elk Lake and Temagami areas that have the potential to host kimberlite pipes. Its projects include Bishop Nipissing Diamond and Kon Diamond Exploration Claims. Its Bishop Nipissing Diamond Properties covers approximately 2090.2 hectares consisting of at least 18 potential kimberlite pipes located approximately 10 kilometers south of Cobalt, Ontario. The Company has also conducted three drone magnetic survey grids totaling approximately 53 line kilometers covering prospective geological and geophysical trends over approximately 50% of the Kon property. RJK Explorations Ltd. (RJX) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $453,807.

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