Brady Stiles, Director owns multi-millions of shares too Insider buying at Arizona Silver Exploration (V:AZS) Updated Tuesday Dec 29, 2020 05:19 AM EDT Brady Stiles, a Director, acquired
1,428,114 Common Shares on a direct ownership basis and
279,925 Common Shares on an indirect ownership basis at a price of
$0.350 through a prospectus or prospectus exempt offering on December 23rd, 2020.
Vancouver, British Columbia – TheNewswire - March 3, 2020 – Arizona Silver Exploration Brady Stiles, a director and insider of the Company subscribed for a total of 5,433,067 Units, as a result, the Private Placement is a related party transaction (as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”)). The Company relied upon the “Issuer Not Listed on Specified Markets” and “Fair Market Value Not More Than $2,500,000” exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101.