Canada Metals & Mining

Spanish Mountain Gold Ltd (SPA)

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Spanish Mountain Gold Ltd experienced significant buying activity from insiders, notably Director Lembit Janes, who executed multiple acquisitions throughout late 2025 and early 2026. The most recent transactions occurred on January 30, 2026. These purchases represent a consistent pattern of accumulation by key leadership members over several months prior to the current period.
Ticker: SPA Exchange: CVE
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• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings
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Insider trades have triggered activity signals for Spanish Mountain Gold Ltd. Upgrade to see score, net flow, insiders and the full signal context.

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Top insiders
Trades
Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
19.35
Quantity 62,802 +45.4%
Value CA$451,082
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
470.45
Quantity 64,675 +21.5%
Value CA$2,401,679
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
71.18
Quantity 61,942 -33.1%
Value CA$3,975,095
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.24
Quantity 250,000 +0.3%
Value CA$60,000
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.13
Quantity 400,000 +0.5%
Value CA$52,000
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.13
Quantity 39,000 +0.0%
Value CA$4,875
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.13
Quantity 396,500 +0.5%
Value CA$51,545
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.15
Quantity 170,500 +0.2%
Value CA$25,575
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.14
Quantity 1,852,000 +2.3%
Value CA$250,020
3.3
Ruus, Mark Adrian Senior Officer of Issuer Officer
Transaction date
Purchase
Price
0.13
Quantity 20,000 +2.8%
Value CA$2,600
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.15
Quantity 4,138,000 +5.5%
Value CA$600,010
2.3
MAH, GEORGE PETER Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.12
Quantity 10,000 +0.8%
Value CA$1,200
2.3
MAH, GEORGE PETER Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.13
Quantity 10,000 +0.8%
Value CA$1,250
3.3
Ruus, Mark Adrian Senior Officer of Issuer Officer
Transaction date
Purchase
Price
0.22
Quantity 100,000
Value CA$22,000
3.3
Ruus, Mark Adrian Senior Officer of Issuer Officer
Transaction date
Purchase
Price
0.15
Quantity 250,000 +66.5%
Value CA$36,250
1.3
Orazietti, Richard Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.17
Quantity 606,100 +509.1%
Value CA$100,006
2.3
MAH, GEORGE PETER Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.15
Quantity 724,000
Value CA$104,980
2.3
MAH, GEORGE PETER Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.13
Quantity 10,000 +2.1%
Value CA$1,300
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.17
Quantity 50,000 +0.1%
Value CA$8,250
2.3
Janes, Lembit Director of Issuer Non-Executive Director
Transaction date
Purchase
Price
0.16
Quantity 40,000 +0.1%
Value CA$6,400
Notification date Transaction date B/S Transaction type Insider and/or position Nb. shares
Price
Value 		Number of shares Price Value Details
2026-01-31 2026-01-30 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
62,802 +45.4%
19.35
CA$451,082 		62,802 +45.4% 19.35 CA$451,082
2026-01-31 2026-01-30 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
64,675 +21.5%
470.45
CA$2,401,679 		64,675 +21.5% 470.45 CA$2,401,679
2026-01-31 2026-01-30 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
61,942 -33.1%
71.18
CA$3,975,095 		61,942 -33.1% 71.18 CA$3,975,095
2026-01-31 2026-01-30 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
250,000 +0.3%
0.24
CA$60,000 		250,000 +0.3% 0.24 CA$60,000
2025-11-20 2025-11-20 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
400,000 +0.5%
0.13
CA$52,000 		400,000 +0.5% 0.13 CA$52,000
2025-11-19 2025-11-18 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
39,000 +0.0%
0.13
CA$4,875 		39,000 +0.0% 0.13 CA$4,875
2025-11-19 2025-11-18 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
396,500 +0.5%
0.13
CA$51,545 		396,500 +0.5% 0.13 CA$51,545
2025-10-21 2025-10-20 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
170,500 +0.2%
0.15
CA$25,575 		170,500 +0.2% 0.15 CA$25,575
2025-09-25 2025-09-25 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
1,852,000 +2.3%
0.14
CA$250,020 		1,852,000 +2.3% 0.14 CA$250,020
2025-09-15 2025-09-11 B Purchase
3.3
Ruus, Mark Adrian

Senior Officer of Issuer

Officer
20,000 +2.8%
0.13
CA$2,600 		20,000 +2.8% 0.13 CA$2,600
2025-09-02 2025-08-28 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
4,138,000 +5.5%
0.15
CA$600,010 		4,138,000 +5.5% 0.15 CA$600,010
2025-08-28 2025-08-28 B Purchase
2.3
MAH, GEORGE PETER

Director of Issuer

Non-Executive Director
10,000 +0.8%
0.12
CA$1,200 		10,000 +0.8% 0.12 CA$1,200
2025-08-28 2025-08-27 B Purchase
2.3
MAH, GEORGE PETER

Director of Issuer

Non-Executive Director
10,000 +0.8%
0.13
CA$1,250 		10,000 +0.8% 0.13 CA$1,250
2025-08-27 2025-08-27 B Purchase
3.3
Ruus, Mark Adrian

Senior Officer of Issuer

Officer
100,000
0.22
CA$22,000 		100,000 0.22 CA$22,000
2025-08-27 2025-08-27 B Purchase
3.3
Ruus, Mark Adrian

Senior Officer of Issuer

Officer
250,000 +66.5%
0.15
CA$36,250 		250,000 +66.5% 0.15 CA$36,250
2025-08-27 2025-08-27 B Purchase
1.3
Orazietti, Richard

Director of Issuer

Non-Executive Director
606,100 +509.1%
0.17
CA$100,006 		606,100 +509.1% 0.17 CA$100,006
2025-08-27 2025-08-27 B Purchase
2.3
MAH, GEORGE PETER

Director of Issuer

Non-Executive Director
724,000
0.15
CA$104,980 		724,000 0.15 CA$104,980
2025-08-20 2025-08-20 B Purchase
2.3
MAH, GEORGE PETER

Director of Issuer

Non-Executive Director
10,000 +2.1%
0.13
CA$1,300 		10,000 +2.1% 0.13 CA$1,300
2025-08-04 2025-08-01 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
50,000 +0.1%
0.17
CA$8,250 		50,000 +0.1% 0.17 CA$8,250
2025-08-04 2025-08-01 B Purchase
2.3
Janes, Lembit

Director of Issuer

Non-Executive Director
40,000 +0.1%
0.16
CA$6,400 		40,000 +0.1% 0.16 CA$6,400
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