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Bullboard - Stock Discussion Forum Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in... see more

TSXV:BAY - Post Discussion

Aston Bay Holdings Ltd > Insiders are selling
View:
Post by Tipster2023 on Aug 13, 2023 10:31am

Insiders are selling

look at all the 3  holes    they don't match   to be a sedex  deposit.
Comment by Patrick2Linton on Aug 13, 2023 12:09pm
In lieu of the cancelled financing and consolidation that was not shareholder friendly due to the latest developments, the insiders are exercising their options to put money into the company. This does create a small taxation issue for the option holder so selling some to compensate for the taxes is quite normal. Warrants are also likely being exercised to cash up the till.  If you also ...more