Bruce Mitchell, a 10% Holder, acquired 1,000,000 Common Shares at a price of $0.125 and 1,000,000 Warrants exercisable at $0.155 for a period of 36 months on a direct ownership basis through a prospectus or prospectus exempt offering on September 26th,
2019. This represents a $125,000 investment into the company's shares
and an account share holdings change of 8.5%.
Under the same terms, Kevin Robert Baker, a Director and 10% Holder, acquired 174,000 Common Shares and 174,000 Warrants on a direct ownership basis through a private transaction on September 27th, 2019. This represents a $20,010 investment into the company's shares and an account share holdings change of 2.7%.
Point Loma Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Point Loma Resources Ltd is a Canada-based oil and gas exploration and development company. The Company primarily engages in the exploration, development and production of conventional oil and natural gas in western Canada. It controls over 150,000 net acres in multi-zone Mannville to Mississippisan fairway of West Central Alberta, Point Loma. The Company is engaged in acquiring, drilling and developing assets for horizontal multi-stage frac technology and exploits opportunities for secondary recovery. The Company focuses on exploration and development oil play in the Paddle River area of Alberta. The Company also focuses on the Duvernay West Shale Basin. The Company operates on domestic market.
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