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Bullboard - Stock Discussion Forum Benchmark Metals Inc. V.BNCH

Metals & Mining Industrial Metals & Minerals
Benchmark Metals Inc. is a Canada-based gold and silver company. The Company is primarily focused on the identification, acquisition, exploration and evaluation of mineral properties. The Company owns Lawyer’s Gold-Silver Project, which is located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Lawyer’s Gold-Silver Project consists of approximately three mineralized... see more

TSXV:BNCH - Post Discussion

Benchmark Metals Inc. > its official
View:
Post by cueball40 on Jan 21, 2022 7:36am

its official

 

Benchmark Metals investor Sprott unloads 26.08M shares

 

2022-01-20 17:20 ET - News Release

 

Mr. Eric Sprott reports

ERIC SPROTT ANNOUNCES DISPOSITION OF HOLDINGS IN BENCHMARK METALS INC.

Today, 2176423 Ontario Ltd., a corporation which is beneficially owned by Eric Sprott, disposed of 26,082,309 common shares of Benchmark Metals Inc., over the TSX Venture Exchange (representing approximately 12.9 per cent of the outstanding common shares on a non-diluted basis) at a price of $1.10 per share for aggregate consideration of approximately $28,690,540.

Comment by Volcanicevent on Jan 21, 2022 8:30am
Benchmark has a strategic plan for the next year to build on resources.  Mr. Sprott does not know more than other investors and possibly is only shifting these funds to other shorter term investments.   If a full portfolio of all juniors they are involved in were exposed, this would simpy be a blip on the radar in thier strategic short term plan.
Benchmark Metals Inc.