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Off-market insider buying at Galileo Exploration (:GXL)

Updated Friday Sep 18, 2020 04:00 AM EDT

Wesley John Adams, a 10% Holder, acquired 2,600,000 Common Shares on a direct ownership basis at a price of $0.050 through a private transaction on September 16th, 2020. This represents a $130,000 investment into the company's shares and an account share holdings change of 86.7%.

John Robert Adams, a 10% Holder, acquired 2,444,000 Common Shares on a direct ownership basis at a price of $0.050 through a private transaction on September 16th, 2020. This represents a $122,200 investment into the company's shares and an account share holdings change of 69.8%.

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

Galileo Exploration Ltd, formerly Galileo Petroleum Ltd., is a Canada-based junior oil and gas company. The Company is a natural resource exploration company, which is principally engaged in the production, development and exploration of crude oil and natural gas reserves in Saskatchewan, Canada. The Company focuses on identifying early stage oil or natural gas properties that have potential for discovery of large reserves, as well as acquiring more projects that, with further development, have production potential. The Company holds working interests in an oil and gas development project (Salt Lake Project). The Salt Lake Project is located in West-Central Saskatchewan, Canada.

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