Lembit Janes, director of Spanish Mountain Gold Ltd. (TSXV:SPA), bought 927,500 Common Shares on the open market at an average of $0.27, a $252K purchase on Oct 2, 2026, disclosed Oct 5, 2026.
The purchase changed that holding by less than 1%. Janes now holds 95,186,405 shares directly, worth about $26.7M at the Oct 5, 2026 close. One other insider at the company also bought in the 7 days to Oct 5, 2026.
SPA closed at $0.28 on Oct 5, 2026, down 15% over the prior three months. In the 52 weeks to that date it closed between $0.12 and $0.40, and that close was 30% below the high.