Private Eye

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Multiple buying at Pennine Petroleum (V:PNN)

Updated Thursday May 25, 2017 02:25 AM EDT

Neville Desmond George Smith, CEO and Director, acquired 1,250,000 Common Shares on a direct ownership basis at a price of $0.060 through a private transaction on May 23rd, 2017. The insider also acquired 1,250,000 Warrants with an exercise price of $0.100 for one year in the deal. This represents a $75,000 investment into the company's shares and an account share holdings change of 31.5%.

On the same terms, Richard Wadsworth, a Director, acquired 833,333 Common Shares and 416,667 Warrants on an indirect ownership basis for registered holder RWE Resources Inc. This represents a $50,000 investment into the company's shares and an account share holdings change of greater than 100%.

Raymond H. Gertz, a Director, acquired 350,000 Common Shares on an indirect ownership basis for registered holder RRSP and 166,666 Common Shares on an indirect ownership basis for registered holder sea-ar enterprises. The insider also acquired 350,000 Warrants on an indirect ownership basis for registered holder RRSP and 166,666 Warrants on an indirect ownership basis for registered holder sea-ar enterprises. This represents a $31,000 investment into the company's shares and an account share holdings change of 3.0%.

Jeffrey Walter Saxinger, CFO and Director, acquired 250,000 Common Shares and 250,000 Warrants on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of 5.4%.

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

Pennine Petroleum Corporation (Pennine) is a Canada-based junior oil and gas company. The Company is engaged in the evaluation, acquisition, exploration and development of oil and gas properties in Western Canada. The Company's Success area is located near Swift Current, Saskatchewan. Pennine is an interest holder in approximately 800 gross acres of petroleum and natural gas rights in the Success area. There are approximately two wells on its Chauvin South East Central Area, Alberta property, located approximately 240 kilometers southeast of Edmonton, Alberta. Pennine holds an interest in the 14-6-42-1W4 and the 16-1-42- 2W4 well. It has over 10 contiguous sections of petroleum and natural gas rights in the Youngstown area of Alberta. The principal producing zones are the Belly River, Milk River and Mannville formations. Pennine has an interest in a section of petroleum and natural gas rights in the property located in Township 38 Range.

INK Edge Outlook

CONDITIONS:
Latest
6 months ago
1 year ago
Overall
N/A
N/A
N/A
The INK Edge Outlook is a quantitative process that ranks a stock based on our V.I.P. criteria.
View outlooks on all Canadian listed stocks at inkresearch.com.
Two-week free trial for first time users.
Go to Pennine Petroleum Corporation (PNN)'s company page

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).

Comment On!

No Comments

Twitter

Search (past week) for $PNN.CA

  • No tweets found

Stocktwits

Pennine Petroleum Corporation

  • Symbol not found.