Giustra buying at CruzSur Energy (CZR)

Giustra buying at CruzSur Energy (:CZR)

Updated Tuesday Mar 31, 2020 03:28 AM EDT
Frank Giustra, a Director and 10% Holder, acquired 666,667 Common Shares on an indirect ownership basis for registered holder Fiore Financial Corporation at a price of $0.150 through a private transaction on March 30th, 2020. The insider also acquired 666,667 Warrants with an exercise price of $0.180 until March 27,2022. This represents a $100,000 investment into the company's shares and an account share holdings change of 39.4%.

In addition, Serafino Iacono, a Senior Officer, Director and 10% Holder, acquired 333,333 Common Shares and 333,333 Warrants on an indirect ownership basis for registered holder Brockville International. This represents a $50,000 investment into the company's shares and an account share holdings change of 17.3%. Gordon Keep, a Director, acquired 100,000 Common Shares and 100,000 Warrants on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of 17.7%.

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

Cruzsur Energy Corp, formerly Pentanova Energy Corp, is a Canada-based company engaged in the oil and gas sector. The Company is engaged in the exploration and production of hydrocarbons and focuses on oil and gas plays in Latin America. Cruzsur Energy Corp holds a diversified portfolio of producing, development and unexploited assets in Colombia and Argentina, Latin America, which consist of approximately 700,000 gross acres in more than six blocks. Cruzsur Energy Corp explores for gas in Colombia and for oil in Argentina. Cruzsur Energy Corp's blocks in Colombia, include Maria Conchita, Sinu-9 and Tiburon. Cruzsur Energy Corp's blocks in Argentina, include KM8, La Mariposa, Llancanelo and Sur Rio Deseado Este.


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