Off-market insider buying at Renaissance Oil (ROE)

Off-market insider buying at Renaissance Oil (V:ROE)

Updated Wednesday Apr 19, 2017 01:36 AM EDT
Craig Allan Steinke, a Senior Officer and Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.250 and 1,000,000 Warrants on a direct ownership basis exercisable at a price of $0.500 until July 31, 2019 through a prospectus or prospectus exempt offering on April 13th, 2017. This represents a $250,000 investment into the company's shares and an account share holdings change of 19.1%.

Renaissance Oil is in the Gold Sub Industry Group under the Basic Materials Sector.

Renaissance Oil Corp., formerly San Antonio Ventures Inc., is engaged in the acquisition, exploration and development of oil and gas properties. The Company is focused on developing a diversified shale gas and shale oil land portfolio in Mexico. It principally focuses on the investigation of gas and oil land prospects in Mexico. The Company operates through three segments: Canada, Spain and Mexico. The Company has license contracts for the Mundo Nuevo, Topen and Malva blocks, located in Chiapas, Mexico. The Mundo Nuevo block is located over 40 kilometers southwest of the city of Villahermosa, Tabasco. The Topen block is located approximately 40 kilometers southwest of the city of Villahermosa, Tabasco. The Malva block is located over 60 kilometers southwest of the city of Villahermosa, Tabasco. The Ponton block is located over 20 kilometers southeast of Panuco city, Veracruz. The Company has not generated revenues from operations.


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