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Off-market insider buying at AsiaBaseMetals (V:ABZ)

Updated Monday Sep 19, 2022 03:02 AM EDT

Raj Chowdhry, CEO and Director, acquired 3,697,143 Common Shares on a direct ownership basis at a price of $0.155 through a private transaction on September 13th, 2022. This represents a $573,057 investment into the company's shares and an account share holdings change of 16.0%.

AsiaBaseMetals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

AsiaBaseMetals Inc. is a Canada-based company, which operates in the mining sector. The Company is focused on the exploration and development of zinc and base metals. The Company's project includes Gnome Project (Zinc & Cobalt) and Thazi (Lithium) project. The Gnome project comprises approximately 12 mineral claims in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, which is located approximately 35 kilometers southeast along with trend from Teck Resources Limited Cirque deposit and 15 kilometers southeast of the Cardiac Creek deposit. The Thazi (Lithium) project comprises approximately 74 square kilometers located in the Hlaing Det area in the Meiktila District, known as the main Feldspar-producing area of Myanmar, which is located 14 kilometers from the town of Thazi in Central Myanmar. The Company has entered into an option agreement to acquire a 70% interest in the Paisano Gold Project, covering approximately 2,700 hectares.

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Go to AsiaBaseMetals Inc. (ABZ)'s company page

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