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CEO selling at Corridor Resources (T:CDH)

Updated Tuesday Feb 11, 2020 03:10 AM EDT

Stephen John Moran, CEO, exercised Options and disposed of 900,000 Common Shares on a direct ownership basis at a price of $1.250 on February 7th, 2020. This represents a $1,125,000 divestment of the company's shares and an account share holdings change of -65.2%.

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

Corridor Resources Inc. is a junior resource company. The Company is engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick and Quebec, and offshore in the Gulf of St. Lawrence. It has natural gas production and reserves in the McCully Field that is located over 10 kilometers northeast of Sussex, New Brunswick. It has a shale gas prospect in New Brunswick, an offshore conventional hydrocarbon prospect in the Gulf of St. Lawrence and an unconventional hydrocarbon prospect through an interest in Anticosti Hydrocarbons L.P. It focuses on properties, such as Anticosti Island, including its interest in over 1,530,940 gross acres in approximately 30 exploration licenses; Elgin Sub-Basin in the Moncton basin in southeastern New Brunswick, including Frederick Brook shale gas prospect, and Old Harry prospect, which is located partly in the Quebec sector partly in the Newfoundland and Labrador sector of the Gulf of St. Lawrence.

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Go to Corridor Resources Inc. (CDH)'s company page

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