Inspiration Mining
Welcome To The Inspiration Mining HUB On AGORACOM The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
whaler,
Below is an article that relates to the " Interesting afternoon of trading for UMJ."
TORONTO, ONTARIO--(Marketwire - June 16, 2011) - 1599597 Ontario Inc. (the "Purchaser"), announced today that it has acquired ownership and control over an aggregate of 6,642,000 common shares (the "Shares") of URSA Major Minerals Incorporated (the "Company") at an average purchase price of CAD$0.2355 per Share, representing approximately 8.4% of the total outstanding shares of the Company. The Purchaser is indirectly controlled by Mr. Wesley J. Hall.
As a result of the acquisition, the Purchaser now owns and controls an aggregate of 11,642,000 shares, representing approximately 14.7% of the total outstanding shares of the Company. The Purchaser has also acquired the right to vote the Shares at the upcoming annual and special meeting of the Company.
The Purchaser acquired the Shares in the ordinary course of business for investment purposes and may, from time to time, acquire additional securities of the Company or dispose of such securities as it may deem appropriate. The Shares were purchased through the facilities of the Toronto Stock Exchange.
Read more: http://www.benzinga.com/pressreleases/11/06/m1175101/1599597-ontario-inc-announces-stock-accumulation#ixzz1PSIhBvaI
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Surething
City
Rank
Treasurer
Activity Points
728
Rating
Your Rating
Date Joined
10/29/2007
Inspiration Mining
Symbol
ISM
Exchange
TSX
Shares
est. 70,403,770
Industry
Metals & Minerals
Website