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North Bay Resources (NASDAQ:NBRI) CEO Perry Lee Leopold bought 425,000 shares of the company’s stock on the open market in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $0.01 per share, for a total transaction of $4,250.00. Following the completion of the transaction, the chief executive officer now directly owns 21,930,228 shares in the company, valued at approximately $219,302. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of North Bay Resources (NASDAQ:NBRI) traded down 6.32% on Wednesday, hitting $0.0089. 1,836,489 shares of the company’s stock traded hands. North Bay Resources has a 52 week low of $0.009 and a 52 week high of $0.075. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01. The company’s market cap is $1.9 million.

North Bay Resources Inc is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.

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