Off-market insider buying at Cathedral Energy Serv (T:CET)

Dan Wilks, a 10% Holder, acquired 2,140,000 Common Shares on a control or direction basis for registered holder Dan and Staci Wilks at a price of $0.250 through a prospectus or prospectus exempt offering on May 7th, 2021. This represents a $535,000 investment into the company's shares and an account share holdings change of 24.4%.

Roderick Donald Maxwell, a Director, acquired 800,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on May 7th, 2021. The insider also acquired 800,000 Common Shares on a control or direction basis for registered holder Sharron Maxwell at a price of $0.250 through a private transaction on May 7th, 2021. This represents a $400,000 investment into the company's shares and an account share holdings change of greater than 100%.

Ian Stephen Brown, a Director, acquired 400,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on May 7th, 2021. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

Scott Douglas Sarjeant, a Director, acquired 400,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on May 7th, 2021. This represents a $100,000 investment into the company's shares and an account share holdings change of 61.3%.

Fawzi Irani, a Senior Officer, acquired 120,000 Common Shares on a direct ownership basis at a price of $0.250 through a private transaction on May 7th, 2021. This represents a $30,000 investment into the company's shares and an account share holdings change of greater than 100%.

Cathedral Energy Serv is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling. The Directional Drilling division provides horizontal, directional and underbalanced drilling services. The Directional Drilling division has approximately 60 Measurement While Drilling (MWD) systems in Canada and over 80 in the United States. Cathedral Energy Services Ltd. (CET) 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, five insiders have invested a total amount of $1,165,000.