Multiple buying at Point Loma Resources (PLX)

Multiple buying at Point Loma Resources (V:PLX)

Kevin Robert Baker, a Director and 10% Holder, acquired 345,000 Common Shares on a direct ownership basis at a price of $0.290 through a prospectus or prospectus exempt offering on October 25th, 2018. The insider also acquired 345,000 Warrants with an exercise price of $0.390 for 24 months. This represents a $100,050 investment into the company's shares and an account share holdings change of 5.7%.

On the same terms, Steve Dabner, a Director, acquired 174,800 Common Shares and 174,800 Warrants on an indirect ownership basis for registered holder RRSP. This represents a $50,692 investment into the company's shares and an account share holdings change of greater than 100%. Travis Brookson, a Senior Officer, acquired 49,893 Common Shares and 49,893 Warrants on a direct ownership basis. This represents a $14,469 investment into the company's shares and an account share holdings change of 33.3%.

Point Loma Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Point Loma Resources Ltd is a Canada-based oil and gas exploration and development company. The Company primarily engages in the exploration, development and production of conventional oil and natural gas in western Canada. It controls over 150,000 net acres in multi-zone Mannville to Mississippisan fairway of West Central Alberta, Point Loma. The Company is engaged in acquiring, drilling and developing assets for horizontal multi-stage frac technology and exploits opportunities for secondary recovery. The Company focuses on exploration and development oil play in the Paddle River area of Alberta. The Company also focuses on the Duvernay West Shale Basin. The Company operates on domestic market.