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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Comment by Ahkenahmed2on Apr 22, 2016 1:47pm
43 Views
Post# 24799887

RE:RE:NWX ceo buys massive amounts of shares

RE:RE:NWX ceo buys massive amounts of shares18 million, plus 2.6 options .. 

Designation and number or principal amount of securities and the Offeror’s securityholding percentage in the class of securities immediately after the transaction or occurrence giving rise to file a news release:

Immediately following the acquisition of the securities detailed above, the Offeror beneficially owns and controls 18,340,050 Common Shares and 2,600,000 options representing approximately 22.1% of the current issued and outstanding Common Shares of Newport assuming the exercise of the options held by the Offeror.

https://www.stockhouse.com/companies/bullboard/v.nwx/newport-exploration-ltd?postid=24772846
Bullboard Posts