Multiple buying at Red Rock Energy (RRK)

Multiple buying at Red Rock Energy (:RRK)

Updated Friday Jun 09, 2017 01:54 AM EDT
The following insiders bought Common Shares at a price of $0.100 through a prospectus or prospectus exempt offering on June 7th, 2017:

Jose Francisco Arata
, a Director, acquired 75,000 Common Shares on a direct ownership basis and 1,000,000 Common Shares on a control or direction basis for registered holder I D Introduction Ltd. This represents a $107,500 investment into the company's shares and an account share holdings change of 71.7%.

Marino Ostos Rosales, a Director, acquired 1,075,000 Common Shares on a direct ownership. This represents a $107,500 investment into the company's shares and an account share holdings change of 43.0%.

Wuilian Andres Mauco, a 10% Holder, acquired 1,000,000 Common Shares on a direct ownership basis. This represents a $100,000 investment into the company's shares and an account share holdings change of 40.0%.

Krishna Vathyam, CEO and Director, acquired 100,000 Common Shares on a direct ownership basis and 900,000 Common Shares on a control or direction basis for registered holder 2014990 Alberta Inc. This represents a $100,000 investment into the company's shares and an account share holdings change of 62.5%.

Bruce Cameron, a Senior Officer, acquired 100,000 Common Shares on a direct ownership basis and 100,000 Common Shares on a control or direction basis for registered holder Frontera Services Inc. This represents a $20,000 investment into the company's shares and an account share holdings change of greater than 100%.

Red Rock Energy is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Red Rock Energy Inc. is a resource company engaged in the acquisition, exploration and development of properties for the purpose of producing uranium and oil and gas. The Company operates through two segments: the exploration and evaluation of mineral resource properties in Canada, and the exploration and evaluation of oil and gas properties in Canada. Its principal assets are mineral properties located in Saskatchewan, and oil and gas properties located in British Columbia. The Company owns interest in a total of over 30 claims covering approximately 49,260 hectares. Its mineral properties are located on Lake Athabasca, Northern Saskatchewan. It holds interest in over 10 claims covering approximately 11,000 hectares located in close proximity to Saskatchewan and over five additional claims covering approximately 960 hectares in the Northwest Territories. Its Saskatchewan claims are divided into approximately four blocks of mineral claims identified as RB1, RB2, RB3 and Rb4.


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