Private Eye

Off-market insider buying at PetroFrontier (V:PFC)

Updated Tuesday Oct 13, 2020 05:15 AM EDT

Paul Kwong Shun Cheung, a Director and 10% Holder, acquired 6,250,000 Common Shares on a direct ownership basis at a price of $0.040 through a private transaction on October 7th, 2020. This represents a $250,000 investment into the company's shares and an account share holdings change of 12.8%.

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

PetroFrontier Corp. is a Canada-based exploration-stage company. The Company is an oil and gas exploration company engaged in the exploration, acquisition and development of both conventional and unconventional petroleum assets in Australia's Southern Georgina Basin. The Company operates in Canada segment. The Company is engaged in the business of petroleum exploration in the Northern Territory, Australia, through its approximately two subsidiaries, PetroFrontier (Australia) Pty Ltd (PetroFrontier Australia) and Texalta (Australia) Pty Ltd (Texalta Australia).

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