John David Wright, a Director, acquired 400,000 Common Shares on an indirect ownership basis for registered holder John Wright RRSP at a price of $0.450 through a prospectus or prospectus exempt offering on October 16th, 2018. The insider also acquired 100,000 Warrants with an exercise price of $0.640 until December 15, 2019. This represents a $180,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Corey Christopher Ruttan, CEO and Director, acquired 310,000 Common Shares and 77,500 Warrants on an indirect ownership basis for registered holder Corey Ruttan - RSP. This represents a $139,500 investment into the company's shares and an account share holdings change of greater than 100%. Alison Leanne Howard, CFO, acquired 150,000 Common Shares and 37,500 Warrants on an indirect ownership basis for registered holder Alison Howard RRSP. This represents a $67,500 investment into the company's shares and an account share holdings change of greater than 100%.
Alvopetro Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Alvopetro Energy Ltd is a Canada-based company engaged in natural gas exploration and production business sector. The Company is engaged in the exploration for and the acquisition, development and production of, hydrocarbons in the Reconcavo and Camamu-Almada basins onshore Brazil. It holds interests in the Cabure and Gomo natural gas assets, three producing oil fields and seven other exploration blocks. The Company is focused on exploring natural gas potential in the state of Bahia in Brazil, building off the development of its natural gas projects and the construction of strategic infrastructure assets.
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