10% Holder buying at Pinnacle Renewable Energy (PL)

10% Holder buying at Pinnacle Renewable Energy (T:PL)

Prospect Co., a 10% Holder, acquired 110,000 Common Shares on a direct ownership basis at a price of $10.475 on January 14th, 2020. This represents a $1,152,283 investment into the company's shares and an account share holdings change of 3.0%.

Pinnacle Renewable Energy is in the Renewable Fuels Sub Industry Group under the Energy Sector.

Pinnacle Renewable Energy Inc is a Canada-based company engaged in wood container and packaging business sector. The Company produces sustainable fuel for renewable electricity generation in the form of industrial wood pellets. This fuel is used by thermal power generators as a greener alternative to produce reliable baseload renewable power. Pinnacle takes pride in its industry safety practices. The Company operates a number of industrial wood pellet production facilities in western Canada and one in Alabama, and owns a port terminal in Prince Rupert, British Colombia. The Company's Alabama production facility utilizes shipping facilities on the United States Gulf Coast.