Monument Mining Ltd V.MMY

Management's Position

[romara]

It nice to se a developing mining company with it's management involved in it's financing. Have a look at Westhaven .....   Richard

"Westhaven closed a C$15 million bought deal financing in March [and has qualified for an additional C$2 million Mining Exploration Tax Credit] and is now well-funded to complete its exploration initiatives at Shovelnose for 2021. Nearly 90% of the $15m dollar financing was purchased by precious metals funds.

"Post finance, the share structure remains tight with nearly 126.3M shares outstanding. Founding management, directors, and officers have a lot of "skin in the game" and are certainly aligned with shareholders at 25% ownership of the company's shares, with friends & family holding another 10%. Management is doing everything in their power to unlock value for shareholders through drilling and future potential new gold discoveries and the release of the inaugural maiden resource on the initial south zone discovery area."

[nozzpack]

Currently, about 23% of Monuments shares are held by management......not all that different from Westhaven..

[romara]

Ya...ya ...Ya.... before Malaco's man became a Director .... current management, including Baldock owned about 1.6% of the outstanding shares ......   Richard

[romara]

A correction.... from 2020 AGM's Management Information Directive, current management at that time owned 7, 465,350 shares of a total unstanding share issue of 325,970,000 shares..... which is management owned 2.29% of outstanding shares. Last years AGM, and Manage Information Directive went out Sept 28, 2020 .......  Richard

[nozzpack]

You forgot De Trintinian who owns just over 15 million shares..

[romara]

On that one, I will wait until they post the Management Information Circular in the next 2 weeks.... I have checked other sources ..... his name does not come up as an insider holding MMY shares.....   Richard