Off-market insider buying at Horizon Petroleum (V:HPL)

Charle Gamba, a Director, acquired 7,500,000 Common Shares on a direct ownership basis at a price of $0.020 through a prospectus or prospectus exempt offering on September 30th, 2022. The insider also acquired 7,500,000 Warrants with an exercise price of $0.050 for 12 months. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Horizon Petroleum Ltd. is a Canada-based oil and gas exploration and development company. The Company is targeting conventional, high-netback natural gas assets in Europe. The Company has projects in Poland and France. It is acquiring interest the Poland Subsidiaries which hold five conventional oil and natural gas concessions in Poland. The Company is the operator and interest holder in the Ledeuix exploration license in the Aquitaine Basin, SW France. The Company has not generated revenues from operations.