SOUTHERN ARC MINERALS INC purchased 37.5% of their position (7.50M shares) of RISE GOLD CORP. on the open market
Open‑market purchase worth $600.0K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 11/7/2018ACC: 0001567619-18-005226
10% Owner
Since Oct 2018
+11.25M
Net shares
Net buyer
$600.0K
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
11.25M acquired
Non-Derivative Transactions1
Common Shares
Direct
Shares
+7.50M
Price / share
$0.08
Trade value
$600K
% of position
37.5%
11/5/2018
20M→27.50M
Total
Net shares
+7.50M
Net value
$600K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares Direct | 11/5/2018 | P · Purchase | +7.50M | $0.08 | $600K | 37.5% | 20M | 27.50M |
| Total | +7.50M | $600K | ||||||
Derivative Transactions1
Warrants
Direct
Converts to
Common Stock
3.75M shares
Shares
+3.75M
Strike price
0.10
Held after
3.75M
Exercisable
—
11/5/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants Direct | Common Stock3.75M shares | 11/5/2018 | P · Purchase | +3.75M | 0.10 | — | 3.75M |