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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canada-based exploration and development company. The Company is engaged in the exploration and evaluation of base metals properties with a focus on copper and zinc mineral assets located in Canada. The Company’s projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. Its Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec including the copper mountain expansion deposit that hosts a NI43-101 inferred resource of 456 Megaton (Mt) grading. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories. It is based on current mineral resource estimates, which is an open pit and shallow underground mining and consist of 12.9 Mt grading. Its Mount Copper Expansion project is a copper resource property, which is located in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Bullboard Posts
Comment by longshot52on Oct 28, 2015 1:55pm
90 Views
Post# 24235351

RE:RE:Can someone explain the whole "warrants" thing to me?

RE:RE:Can someone explain the whole "warrants" thing to me?Jose Vizquerra, COO of Oban Mining On September 4th 2015 purchased 165,000 of these warrants rather than the shares. 
Anything else need to be explained ? 


Basically Jose Vizquerra, COO of Oban Mining made an calculated bet of $4,950 that Oban would trade higher than $3.03 in 3 years.
He paid $0.03 per warrant.
If he is right he stands to make $1,650 for ever $0.01 above $3.03

Other insiders have also bought shares on the open market and also via the private placement

  As of 11:59pm ET October 27th, 2015
Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction Volume or Value Price
Oct 23/15 Oct 23/15 Southern Arc Minerals Inc. Direct Ownership Common Shares 10 - Disposition in the public market -65,100 $1.21
Oct 23/15 Oct 23/15 Southern Arc Minerals Inc. Direct Ownership Common Shares 10 - Disposition in the public market -25,000 $1.20
Oct 3/15 Sep 30/15 Southern Arc Minerals Inc. Direct Ownership Common Shares 10 - Disposition in the public market -80,320 $1.20
Oct 1/15 Sep 30/15 Coates, Bryan A. Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 35,000 $1.55
Oct 1/15 Sep 30/15 Wober, Gernot Erich Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 10,000 $1.55
Oct 1/15 Sep 30/15 Zaritsky, Blair David Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 9,700 $1.55
Oct 2/15 Sep 29/15 Southern Arc Minerals Inc. Direct Ownership Common Shares 10 - Disposition in the public market -5,000 $1.23
Sep 4/15 Sep 4/15 Vizquerra, Jose Direct Ownership Warrants 10 - Acquisition in the public market 165,000 $0.030
Sep 3/15 Sep 3/15 Burzynski, John Feliks Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $1.20
Sep 2/15 Sep 2/15 Burzynski, John Feliks Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $1.24

Bullboard Posts

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