Private Eye
Off-market insider buying at Coelacanth Energy (V:CEI)
Updated Thursday Jun 23, 2022 02:00 AM EDT
William Lancaster, a Director, acquired 1,111,100 Common Shares on a direct ownership basis at a price of $0.270 through a prospectus or prospectus exempt offering on June 10th, 2022. This represents a $299,997 investment into the company's shares and an account share holdings change of greater than 100%.
Coelacanth was created as part of the Plan of Arrangement between Vermilion Energy Inc. and Leucrotta Exploration Inc. that closed on May 31, 2022. Coelacanth is led by Robert Zakresky as President and CEO and will be a growth-oriented entity with assets focused in the Montney resource trend in the Two Rivers area of northeast British Columbia.
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