Private Eye

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Off-market insider buying at Pasofino Gold (V:VEIN)

Updated Friday Oct 21, 2022 02:00 AM EDT

Robert Metcalfe, a Director, acquired 641,025 Common Shares on a direct ownership basis at a price of $0.500 through a private transaction on October 19th, 2022. The insider also acquired 320,512 Warrants with an exercise price of $0.650 for 18 months. This represents a $320,512 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also participated in the deal in smaller amounts.

Pasofino Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Pasofino Gold Limited is a Canada-based mineral exploration company. The principal business of the Company is the acquisition, exploration and development of mineral properties. The Company has an agreement with Hummingbird Resources plc (Hummingbir) to earn a 49% economic interest into the Dugbe Gold Project in Liberia. The Project is located in the southern Liberia and situated within Birimian aged rocks. The Dugbe Gold Project comprises an area of approximately 2,559 square kilometers (km2) and includes over two gold deposits, Tuzon and Dugbe F.

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Go to Pasofino Gold Limited (VEIN)'s company page

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Pasofino Gold Limited

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