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Multiple buying at Red Rock Energy (:RRK)

Updated Monday May 08, 2017 03:34 AM EDT

Jose Francisco Arata, a Director, acquired 2,500,000 Common Shares on a direct ownership basis at a price of $0.050 and acquired 2,500,000 Warrants on a direct ownership basis with an exercise price of $0.100 until May 3, 2018. This represents a $125,000 net investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Wuilian Andres Mauco, a 10% Holder, also acquired 2,500,000 Common Shares and 2,500,000 Warrants on a direct ownership basis. This represents an account share holdings change of greater than 100%.

Marino Ostos Rosales, a Director, likewise acquired 2,500,000 Common Shares and  2,500,000 Warrants on a direct ownership basis. This represents an account share holdings change of greater than 100%. Finally, Krishna Vathyam, a Director, acquired 2,500,000 Common Shares and 2,500,000 Warrants on a direct ownership basis. This represents an account share holdings change of greater than 100%.

Red Rock Energy is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Red Rock Energy Inc. is a resource company engaged in the acquisition, exploration and development of properties for the purpose of producing uranium and oil and gas. The Company operates through two segments: the exploration and evaluation of mineral resource properties in Canada, and the exploration and evaluation of oil and gas properties in Canada. Its principal assets are mineral properties located in Saskatchewan, and oil and gas properties located in British Columbia. The Company owns interest in a total of over 30 claims covering approximately 49,260 hectares. Its mineral properties are located on Lake Athabasca, Northern Saskatchewan. It holds interest in over 10 claims covering approximately 11,000 hectares located in close proximity to Saskatchewan and over five additional claims covering approximately 960 hectares in the Northwest Territories. Its Saskatchewan claims are divided into approximately four blocks of mineral claims identified as RB1, RB2, RB3 and Rb4.

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