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Off-market insider buying at Murchison Minerals (V:MUR)

Updated Wednesday Jul 06, 2022 02:33 AM EDT

Donald Kenneth Johnson, a Director and 10% Holder, acquired 7,944,444 Common Shares on an indirect ownership basis for registered holder VYCO Limited at a price of $0.090 through a prospectus or prospectus exempt offering on June 30th, 2022. The insider also acquired 3,972,222 Warrants with an exercise price of $0.180 through a prospectus or prospectus exempt offering on June 30th, 2022. This represents a $715,000 investment into the company's shares and an account share holdings change of 39.5%.

Murchison Minerals is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Murchison Minerals Ltd. is a Canada-based junior mining exploration company. The Company is focused on the exploration and development of its HPM nickel-copper-cobalt project in Quebec and its 100%-owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The HPM property is located south of the Petit-Lac-Manicouagan at approximately 290 kilometers (km) northeast of Baie-Comeau and 135 km south of Fermont. The property is associated with the Manicouagan Metamorphic Complex and hosts several nickel-copper-cobalt occurrences. The Company's Brabant Lake project is host to the Brabant-McKenzie volcanogenic massive sulfide (VMS) deposit. The project is located approximately 175 km northeast of La Ronge within various surrounding infrastructures, including provincial highway, grid power, water and service centers. The deposit contains zinc, copper, lead, silver, and gold resources of 2.1 million tons indicated and 7.6 million tons inferred.

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Go to Murchison Minerals Ltd. (MUR)'s company page

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