GMT Capital buying at Leucrotta Exploration (LXE)

GMT Capital buying at Leucrotta Exploration (V:LXE)

GMT Capital Corp, a 10% Holder, acquired 228,200 Common Shares on an indirect ownership basis for registered holder Bay II Resource Partners LP, 326,100 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners LP, 434,800 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners Offshore Master Fund LP, 1,000,000 Common Shares on an indirect ownership basis for registered holder GMT Exploration, 10,900 Common Shares on an indirect ownership basis for registered holder K2 Bay Resource Partners Master Fund Ltd., and 46,100 Common Shares on an indirect ownership basis for registered holder Thomas Claugus, all at a price of $0.660USD on February 7th, 2019. This represents a $1,794,041 investment into the company's shares and an account share holdings change of 8.1%.

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

Leucrotta Exploration Inc. is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company's primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia. Its oil and gas assets produce approximately 2,700 barrels of oil equivalent per day (boe/d) of oil, natural gas and natural gas liquids (NGLs). The Company owns approximately 148,700 gross (143,300 net) acres of undeveloped land. Its products include natural gas, oil and NGLs. It holds an average of over 92.1% working interest in approximately 126,900 gross (116,900 net) acres of land in the Greater Dawson area of northeastern British Columbia with rights in the main targeted zone of the Montney formation. The undeveloped land holdings attributable to its reserves consist of over 2,600 gross (1,600 net) acres of undeveloped land.