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CFO, 10% holder buying at WesCan Energy (V:WCE)

Updated Wednesday Mar 14, 2018 02:16 AM EDT

Leo Berezan, a 10% Holder, acquired 1,400,000 Common Shares at a price of $0.075 and 1,400,000 Warrants exercisable at $0.100 for a period of 24 months on a direct ownership basis through a prospectus or prospectus exempt offering on March 9th, 2018. This represents a $105,000 investment into the company's shares and an account share holdings change of 36.5%.

Under the same terms, John Hamilton Cassels, CFO, acquired 303,334 Common Shares and 303,334 Warrants on a direct ownership basis through a private transaction on March 8th, 2018. This represents a $53,083 investment into the company's shares and an account share holdings change of greater than 100%.

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

WesCan Energy Corp. is an oil and gas exploration and production company. The Company is focused on light to medium oil-based prospects. The Company has oil and gas operations and property interests in Alberta, Canada and Texas, the United States. Its assets consist of approximately 100% operated oil-weighted properties characterized by multi-zone crude oil reservoirs. It holds interest in approximately four wells at Equisetum/Peerless Lake Alberta, as well as oil and gas properties in Provost region of Alberta. It also holds interest in a producing natural gas lease in Arkansas, the United States. The Company holds certain petroleum and natural gas (P&NG) leases from the Crown throughout Alberta. These undeveloped, non-producing leases are exploration lands. Its subsidiaries include GPI Oil & Gas Inc., GPI Oil and Gas Overseas Inc. and GPI Petroleum Inc. The Company's has operations in Canada and the United States.

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Go to WesCan Energy Corp. (WCE)'s company page

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