Public market insider selling at Headwater Exploration (T:HWX)

Scott Earl Rideout, a Senior Officer, disposed of 153,472 Common Shares on a direct ownership basis at a price of $4.151 on May 26th, 2021. The insider also disposed of 115,000 Common Shares on a control or direction basis for registered holder Rose Rideout at a price of $4.151 on May 26th, 2021. The insider also disposed of 85,000 Common Shares on a control or direction basis for registered holder Spousal TFSA at a price of $4.151 on May 26th, 2021. This represents a $1,467,262 divestment of the company's shares and an account share holdings change of -69.9%.

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

Headwater Exploration Inc., formerly Corridor Resources Inc., is a Canada-based oil and gas exploration and development company. The Company's operating areas include Marten Hills and McCully Field. Marten Hills is located approximately 250 kilometer (km) north of Edmonton, Alberta within the Clearwater play. It owns approximately 270 sections of Clearwater rights. The McCully Field is located approximately 10 km northeast of Sussex, New Brunswick in the farming community of Penobsquis. It owns and operates a natural gas processing plant, with a processing capacity of 35 million standard cubic feet of gas per day (mmscfpd), and a 50 km transmission line connected to the Maritimes and Northeast pipeline.