Director buying at Freehold Royalties (FRU)

Director buying at Freehold Royalties (T:FRU)

Marvin F. Romanow, a Director, acquired 30,000 Common Shares on a direct ownership basis at a price of $8.820 on December 7th, 2018. This represents a $264,600 investment into the company's shares and an account share holdings change of 57.9%.

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

Freehold Royalties Ltd. is a Canada-based company engaged in the development and production of oil and natural gas, predominantly in western Canada. The Company's primary focus is acquiring and managing oil and natural gas royalties. The Company manages a non-government portfolio of oil and natural gas royalties in Canada. The Company's total land holdings encompass approximately 3.7 million gross acres, over 90% of which are royalties. Of this, its mineral title lands (including royalty assumption lands), which it owns in perpetuity, cover approximately 750,000 acres. It also has interests in over 36,000 wells (of which over 34,000 are royalty wells, including over 18,000 unitized wells). The Company has approximately 300,000 gross undeveloped acres. In addition, it has gross overriding royalty interests in over 2.5 million acres. The Company has drilled and completed a total of over 5,290 wells within the Western Canadian Sedimentary Basin.