Insider buying with 5 year warrants at Pinedale Energy (MCF)

Insider buying with 5 year warrants at Pinedale Energy (V:MCF)

Q Investments Ltd., a 10% Holder, acquired 2,820,000 Common Shares Class A on a direct ownership basis at a price of $0.195 through a prospectus or prospectus exempt offering on June 26th, 2017. The insider also acquired 2,820,000 Warrants with an exercise price of $0.260 for 5 long years. This represents a $549,900 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, on the same terms Jacob Steven Vogel, a 10% Holder, acquired 1,000,000 Common Shares Class A and 1,000,000 Warrants on an indirect ownership basis for registered holder C.J.Agrella TR JacobVogel Irrevocable Trust. This represents a $195,000 net investment into the company's shares and an account share holdings change of greater than 100%.