Multiple buying at Coelacanth Energy (CEI)

Multiple buying at Coelacanth Energy (V:CEI)

Updated Friday Nov 17, 2023 03:01 AM EDT
Vermilion Energy Inc., a 10% Holder, acquired 21,000,000 Common Shares on a direct ownership basis at a price of $0.800 through a prospectus or prospectus exempt offering on November 15th, 2023. This represents a $16,800,000 investment into the company's shares and an account share holdings change of 31.0%.

Raymond Hyer, a Director, acquired 4,250,000 Common Shares on a direct ownership basis at a price of $0.800 through a prospectus or prospectus exempt offering on November 15th, 2023. The insider also acquired 1,416,666 Short Form Warrants with an exercise price of $1.050 for 12 months. This represents a $3,400,000 investment into the company's shares and an account share holdings change of 26.1%.

John Albert Brussa, a Director, acquired 1,250,000 Common Shares and 412,500 Short Form Warrants on an indirect ownership basis for registered holder RRSP at an exercise price of $1.050 through a prospectus or prospectus exempt offering on November 15th, 2023. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 89.0%.

Harvey Doerr, a Director, acquired 625,000 Common Shares and 208,333 Short Form Warrants on a direct ownership basis. This represents a $500,000 investment into the company's shares and an account share holdings change of 38.4%.

William Lancaster, a Director, acquired 343,750 Common Shares and 114,583 Short Form Warrants on a direct ownership basis. This represents a $275,000 investment into the company's shares and an account share holdings change of 24.4%.

Tom Medvedic, a Director, acquired 281,250 Common Shares and 93,750 Short Form Warrants on a direct ownership basis. This represents a $225,000 investment into the company's shares and an account share holdings change of 19.4%.

Greg Peterson, a Senior Officer, acquired 62,500 Common Shares and 20,833 Short Form Warrants on a direct ownership basis. This represents a $50,000 investment into the company's shares and an account share holdings change of 42.5%.

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

Coelacanth Energy Inc. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company has land located in the Two Rivers area of northeastern British Columbia. The Company owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified about 8.9 billion barrels (bbls) of crude oil of Original Oil in Place (OOIP) and about 8.6 trillion cubic feet (tcf) of Original Gas in Place across these lands.


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