Borges Luciano de Freitas 4
4 · ARDENT MINES LTD · Filed Oct 15, 2012
Insider Transaction Report
Form 4
ARDENT MINES LTDADNT
Borges Luciano
Director
Transactions
- Award
Common Stock
2012-06-19+450,000→ 450,000 total
Footnotes (1)
- [F1]On June 19, 2012, Luciano de Freitas Borges, a member of the Board of Directors of Ardent Mines Limited (the "Company"), received 450,000 shares of the Company's common stock. Such shares were originally issued to SV Commercial S.A. (the "Agent") pursuant to an Introduction Agreement between the Company and the Agent dated as of December 15, 2010 regarding the identification of potential acquisitions of mining companies. 500,000 shares were issued to the Agent in connection with the Company's acquisition of Gold Hills Mining Ltda. ("Gold Hills"), which was completed in May of 2011.The Agent has re-allocated 450,000 of these 500,000 shares to Mr. Borges in recognition of his services in connection with the acquisition of Gold Hills.