Eagle Hill Exploration Corporation V.EAG

posted on sedar: AGM june 23

[robert1232]

Posted on Sedar: Number of Common Shares Percentage Southern Arc Minerals Inc. 125,172,797 26.72% Dundee Corporation(2) 140,494,910 29.99% John Proust, CDir British Columbia, Canada Director, Chairman and Interim CEO Nil Dr. Michael Andrews, PhD, 4,590,908 If I am reading this right JP owns ZERO shares ??

[tomgranite]

I remember Mike buying shares back in September. A couple of the other directors have bought as well. I don't remember JP ever buying any shares directly, so I guess it is correct. I assume he got a share of the 20mil options that were handed out by the board to themselves. JP and his family do own a fair chunk of SA who in turn own 26.72% of EAG, so perhaps he thinks this is enough. there

[MaxTMaxT]

JP can buy 3million shares at .11...by exercising his options before expiration date Proust, John Graham Relationship as filed with regulators: 4 Latest filing date: September 13, 2013 Direct Ownership  Options 3,000,000  

[seanmac12]

No one exercises options/warrants at .10/.11 only to sell at less than half price. No direct owned shares you say? Got to remember CEO is involved past present with 20 or so other companies.  Insider full name Insider number Insider municipality Issuer name (English) Issuer name (French) Proust, John Graham JPROUST001 Vancouver Canada Energy Partners Inc

[MaxTMaxT]

Wow...what a brilliant observation !..the point is that he has access to 3M shares which he can excercise when the the sp increases...unlike long term investors who have to buy and hold. ....MaxT

[tomgranite]

Exactly Max. It is a no risk situation for JP, that is what seanmac is pointing out.