MacNeill and others buying at Westcore Energy (WTR)

MacNeill and others buying at Westcore Energy (V:WTR)

Updated Thursday May 18, 2017 01:37 AM EDT
Tom MacNeill, a Director and 10% Holder, acquired 906,667 Common Shares on an indirect ownership basis for registered holder 49 North Resources Inc. and 500,000 Common Shares on an indirect ownership basis for registered holder TMM Portfolio Management Inc. at a price of $0.150 through a private transaction on May 17th, 2017. The insider also acquired 906,667 Warrants on an indirect ownership basis for registered holder 49 North Resources Inc. and 500,000 Warrants on an indirect ownership basis for registered holder TMM Portfolio Management Inc. with an exercise price of $0.250 for 24 months. This represents a $211,000 investment into the company's shares and an account share holdings change of 8.3%.

On the same terms, Andrew Davidson, a Senior Officer, Director and 10% Holder, acquired 500,000 Common Shares and 500,000 Warrants on an indirect ownership basis for registered holder 101260386 Sask. Ltd. This represents a $75,000 investment into the company's shares and an account share holdings change of greater than 100%.

Jeff Sheppard, CFO, acquired 500,000 Common Shares and 500,000 Warrants on a control or direction basis for registered holder 101201637 Saskatchewan Ltd. This represents a $75,000 investment into the company's shares and an account share holdings change of greater than 100%.

Westcore Energy is in the Coal Sub Industry Group under the Energy Sector.

Westcore Energy Ltd. is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring, exploring and developing resource properties in Western Canada. The Company has working interest in approximately six heavy oil wells in the Riverside field. The Company also holds an interest in over 20 Coal Permits, which are located in Hudson Bay, Saskatchewan. The Company holds an interest in approximately 90 Coal Leases, which are located in Black Diamond, Manitoba. The Company holds an interest in one Manitoba Quarry Exploration Permit immediately adjacent to the Company's Black Diamond property through a joint venture with 49 North Resources Inc. The Company holds interests in approximately 34,570 acres of heavy oil and gas properties in south western Saskatchewan. The Company's total field production is approximately 30 barrels of oil per day.


Top