Yangarra Resources (YGR) has notable insider buying

Yangarra Resources (T:YGR)

Frederick Lee Morton, a Director, acquired 46,667 Common Shares on a direct ownership basis at a price of $6.150 through an exercise of options on May 14th, 2018. This represents a $287,002 investment into the company's shares and an account share holdings change of 39.2%.

Yangarra Resources Ltd is a Canada-based company engaged in exploration, development and production of natural gas and oil. It conducts operations in Westrern Canada and has a main focus on Central Alberta, where The Company has infrastructure and land holdings. Yangarra Resources Ltd has an interest in such areas as Medicine Hat and Jaslan, both located in Alberta. Central Alberta field is located north of the town of Rocky Mountain House, where The Company holds an interest in over than 100 sections. Medicine Hat is located south of the city of Medicine Hat and the Company holds Interest in 120 sections approximately; Jaslan is located 120 kilometers north of Edmonton city and the Company has an interest in around 30 sections.