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Lassonde ups stake in Prime Mining

2nd February 2021

By: Creamer Media Reporter

     

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Investor Pierre Lassonde has increased his stake in Vancouver-headquartered Prime Mining, which is advancing the past-producing Los Reyes gold and silver project in Mexico.

Lassonde recently bought two-million shares of Prime through the facilities of the TSX-V, which increased his direct holding to 143 000 shares. He indirectly holds seven-million shares and three-million warrants of the company.

The direct and indirect shareholdings represent about 11.85% of the current issued and outstanding shares of the company.

Prime Mining’s stock rose 6.30% on Monday, closing at C$2.70 apiece, giving the company a market capitalisation of C$231.05-million.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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