Capital Drilling Limited, a 10% Holder, acquired 1,111,111 Common Shares on an indirect ownership basis for registered holder Capital DI Ltd. at a price of $0.180 through a private transaction on December 12th, 2019. The insider also acquired 555,556 Warrants on an indirect ownership basis for registered holder Capital DI Ltd. at an exercise price of $0.320 until expiry on December 12, 2021. This represents a $200,000 investment into the company's shares and an account share holdings change of 13.3%.
In addition, Sandstorm Gold Ltd., a 10% Holder, acquired 833,334 Common Shares and 416,667 Warrants on a direct ownership basis. This represents a $150,000 investment into the company's shares and an account share holdings change of 7.4%. In addition, Glen William Parsons, a Senior Officer and Director, acquired 555,555 Common Sharesand 277,778 Warrants on a direct ownership basis. This represents a $100,000 investment into the company's shares and an account share holdings change of 6.6%.
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