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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Bullboard Posts
Post by Pete57on May 31, 2019 11:37am
92 Views
Post# 29788818

Insider bought some shares

Insider bought some sharesI have not checked insider trades for a while.

April 24, Kiril exercised 125,000 warrants at .12.
April 25, Gilles Gingras exercised 50,000 warrants at .12.
Both kept their shares.
May 15, Mathieu Bourdeau bought 12,500 shares at .155.

https://www.canadianinsider.com/node/7?menu_tickersearch=GMA+%7C+Geomega+Resources

There's probably more options/warrants exercised by non insider recently.

From last financial report:

Warrants outstanding As at February 28, 2019 are as follows:
#warrants Exercise price Expiry date
1,175,000 Year 1: 0.10 / Year 2: 0.12 August 11, 2019
  825,000 0.15 May 2, 2020
2,300,000 0.15 May 14, 2020
1,326,000 0.15 May 18, 2020
1,302,778 0.23 June 19, 2020 (extended)
------------------------------------------------
6,928,778
 
 
The number of options outstanding as of February 28, 2019 are as follows:
#outstand #exercisable $     Expiry date
$
  265,000 265,000      0.26  September 17, 2019
   30,000 30,000       0.14  January 23, 2020
  300,000 300,000      0.09  September 13, 2020
  570,000 570,000      0.07  November 22, 2020
1,590,000 1,590,000    0.095 November 29, 2021
  930,000 465,000      0.09  October 19, 2022
  400,000 100,000      0.085 August 28, 2023
  400,000 -            0.08  September 14, 2023
1,000,000 -            0.085 November 20, 2023
  350,000 -            0.08  December 10, 2023
------------------------------------------------
5,605,000 3,320,000
Bullboard Posts