Off-market insider buying at CanAsia Energy (CEC)

Off-market insider buying at CanAsia Energy (V:CEC)

Jeff Howard Chisholm, CEO and Director, acquired 10,000,000 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on December 21st, 2023. This represents a $1,000,000 investment into the company's shares and an account share holdings change of greater than 100%.

Gerald Joseph Macey, a Director, acquired 5,000,000 Common Shares on a control or direction basis for registered holder Macey Joint Partner Trust (2019) at a price of $0.100 through a prospectus or prospectus exempt offering on December 21st, 2023. This represents a $500,000 investment into the company's shares and an account share holdings change of greater than 100%.

Cam Taylor, a Director, acquired 2,000,000 Common Shares on an indirect ownership basis for registered holder Sandra Kathleen Taylor at a price of $0.100 through a prospectus or prospectus exempt offering on December 21st, 2023. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

Richard M. Alexander, a Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on December 21st, 2023. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has interests in 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 75% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).