Director buying at Pine Cliff Energy (PNE)

Director buying at Pine Cliff Energy (T:PNE)

Gary J. Drummond, a Director, reported acquiring 10,236,775 Common Shares on a control or direction basis for registered holder DGC Investments Inc. at a price of $0.330 on May 29th, 2018. This represents a $3,378,136 investment into the company's shares and an account share holdings change of greater than 100%.

Pine Cliff Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Pine Cliff Energy Ltd. (Pine Cliff) is a Canada-based oil and gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas in the Western Canadian Sedimentary Basin (WCSB). It is also involved in the exploration for precious metals through its subsidiaries. Pine Cliff's areas of production include Central Assets, which include Ghost Pine and Viking Kinsella areas of Central Alberta; Southern Assets, which includes properties in Southern Alberta and Southern Saskatchewan; Edson, which includes the area in the Western Canadian Sedimentary Basin, and Other, which includes natural gas assets in the Sundance, Carstairs, Garrington and Harmattan areas of Alberta, and natural gas assets in the Cadillac area of Southern Saskatchewan. The Viking Kinsella area also includes the Camrose area. The Alberta assets are located east of the City of Medicine Hat, and the Saskatchewan assets are located near the town of Maple Creek.