Carlo Enrique Gutierrez, a Director, acquired 11,034,333 Common Shares on a direct ownership basis at a price of $0.015 through a prospectus or prospectus exempt offering on August 15th, 2019. This represents a $165,515 investment into the company's shares and an account share holdings change of 45.7%.
In addition, Clarence Wagenaar, a 10% Holder, acquired 10,273,333 Common Shares on a direct ownership basis at a price of $0.015 through a prospectus or prospectus exempt offering on August 15th, 2019. This represents a $154,100 investment into the company's shares and an account share holdings change of 30.6%. Shelby DaVawn Beattie, CEO and Director, acquired 3,000,000 Common Shares on a direct ownership basis at a price of $0.015 through a prospectus or prospectus exempt offering on August 15th, 2019. This represents a $45,000 investment into the company's shares and an account share holdings change of 93.8%.
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 a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, three insiders have invested a total amount of $364,615.
No Comments