Telfer and Keep buying at Renaissance Oil (ROE)

Telfer and Keep buying at Renaissance Oil (V:ROE)

Updated Wednesday Mar 07, 2018 02:56 AM EDT
Ian William Telfer, a Director, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on March 5th, 2018. The insider also acquired 2,000,000 Warrants with an exercise price of $0.500 until March 5th 2021. This represents a $500,000 investment into the company's shares and an account share holdings change of 24.6%.

On the same terms,  Gordon Keep, a Director, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis. This represents a $100,000 investment into the company's shares and an account share holdings change of 66.5%. Carlos Javier Escribano, CFO, acquired 60,000 Common Shares and 60,000 Warrants. This represents a $15,000 investment into the company's shares and an account share holdings change of greater than 100%.

Renaissance Oil is in the Integrated Oil & Gas Sub Industry Group under the Energy 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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