Insider buying at a penny at Emerald Bay Energy (:EBY)

Clarence Wagenaar, a 10% Holder, acquired 22,500,000 Common Shares on a direct ownership basis at a price of $0.010 through a prospectus or prospectus exempt offering on August 29th, 2017. This represents a $225,000 investment into the company's shares and an account share holdings change of greater than 100%.

On the same terms, Shelby DaVawn Beattie, CEO and Director, acquired 1,000,000 Common Shares on a direct ownership basis. This represents a $10,000 investment into the company's shares and an account share holdings change of greater than 100%. Michael Rice, CFO, acquired 750,000 Common Shares on a direct ownership basis. This represents a $7,500 investment into the company's shares and an account share holdings change of 64.9%.

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

Emerald Bay Energy Inc. is a junior oil and gas producer. The Company has production properties in Western Canada and South Texas. The Company is engaged in the exploration for and development of petroleum and natural gas properties principally in Alberta and Texas. Its geographic segments include Canada and United States. The Company's energy portfolio in Central Alberta includes natural gas, oil and electrical power generation. Its primary focus is on its exploration and evaluation project in Guadalupe County, Texas. In Guadalupe County, the Company holds approximately 3,000 acres of land for exploration and development activities. The lands are divided into four projects: Wooden Horse, Nash Creek, Cottonwood Creek and Holmes Lake. Its natural gas-fired electrical power generation plant is located near Nevis, Alberta. Its coal bed methane wells are used as the fuel for the power plant. Its projects in Medina, Bexar and Atascosa counties include Somerset, Taylor-Ina and Chicon Lake. Emerald Bay Energy Inc. (EBY) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, three insiders have invested a total amount of $242,500.