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Off-market insider buying at Rugby Resources (V:RUG)

Updated Thursday Oct 20, 2022 02:30 AM EDT

Bryce Roxburgh, CEO and Director, acquired 3,500,000 Common Shares on an indirect ownership basis for registered holder Rowen Company Limited at a price of $0.100 through a prospectus or prospectus exempt offering on October 18th, 2022. The insider also acquired 1,750,000 Warrants on an indirect ownership basis for registered holder Rowen Company Limited with an exercise price of $0.180 for one year. This represents a $350,000 investment into the company's shares and an account share holdings change of 33.1%.

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

Rugby Resources Ltd, formerly Rugby Mining Limited, is a Canada-based exploration stage company, which is engaged in the acquisition and exploration of mineral properties located in Australia, Argentina, Colombia, and the Philippines. The Company's projects include Salvadora, El Zanjon, Venidero, Cobrasco, Motherlode, Columbian Gold Projects and Georgetown. The Salvadora Silver-Copper-Gold Project is located at the southern end of the El Indio belt, Chile. The El Zanjon Project is located in Santa Cruz, Argentina. The Venidero Project is located in the west of the Deseado Massif, Santa Cruz Province, Argentina. The Cobrasco copper molybdenum porphyry is in Colombia's Western Cordillera. The Motherlode Copper Gold-project is located approximately 12 kilometers south of Surigao City in the province of Surigao del Norte, Philippines. The Georgetown Project is located in Australia. This project has three exploration permits covering approximately 849 square kilometers.

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Go to Rugby Resources Ltd. (RUG)'s company page

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