Off-market insider buying at Peat Resources (PET)

Off-market insider buying at Peat Resources (T:PET)

William Fredrick White, a 10% Holder, acquired 18,107,160 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on March 2nd, 2018. This represents a $905,358 investment into the company's shares and an account share holdings change of greater than 100%.

Peat Resources is in the Agricultural Chemicals Sub Industry Group under the Basic Materials Sector.

Peat Resources Limited is an exploration and development company. The Company is engaged in exploration and development of peat properties in Newfoundland and Labrador (Newfoundland), Ontario and Quebec. It is involved resource evaluation and maintenance on its properties in Newfoundland and Quebec. The Company is focused on peat resource development in eastern Canada. It identified approximately 200 million tons of in situ fuel-grade peat in Northwestern Ontario. It conducted exploration on peatlands in western, eastern and central Newfoundland. Its northwestern Ontario property contains over 155 million tons fuel-grade peat. It holds land-use permits on approximately 19,000 hectares of peatlands in the Upsala area of northwestern Ontario. Its resource can be processed into over 22 million tons of peat fuel. It operates a small-scale peat-fuel processing facility in Stephenville, Newfoundland. It has not generated revenues and is evaluating additional business opportunities.