Form 4: Athena Gold Corp Director John E. Hiner Acquires 250,000 Shares

Director John E. Hiner reports the acquisition of 250,000 shares of Athena Gold Corp at $0.036 per share on June 7, 2024.

Summary

• On June 7, 2024, John E. Hiner, a director of Athena Gold Corp, acquired 250,000 shares of common stock at a price of $0.036 per share.
• Following this transaction, Hiner directly owns 250,000 shares.
• Hiner also indirectly owns 293,000 shares through the JE & MS Hiner Revocable Living Trust.
• Additionally, the JE & MS Hiner Revocable Living Trust holds warrants exercisable into 1,143,000 shares of common stock.
• These warrants have an exercise price of CAD $0.10 per share and expire on April 24, 2025.

Sentiment

Score: 6

Explanation: A director purchasing shares is generally a positive sign, but the amount is relatively small and the company is a microcap, so the impact is likely limited.

Positives

• A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director could potentially increase investor confidence.

Key Dates

Keywords

Athena Gold Corp, Director, Share Acquisition, John E. Hiner, Beneficial Ownership, Form 4, Warrants