
Don Gray Acquires Additional Shares of Lotus Creek Exploration Inc.
•By ADMIN
Related Stocks:LTCEF
Scottsdale, Ariz., Nov. 10, 2025 — In compliance with Canadian securities laws’ early‑warning requirements, director Don T. Gray announced the acquisition of 81,900 common shares of Lotus Creek Exploration Inc. (“Lotus Creek”). Prior to this transaction, Gray held or controlled 3,995,025 shares — about 9.99% of the company’s issued and outstanding shares — and following the purchase, his holdings have increased to 4,076,925 shares, representing approximately 10.19%.
The newly acquired shares were obtained via the TSX Venture Exchange at a price of CAD $1.50 per share, bringing the total purchase cost to CAD $122,850.
Gray also holds options to purchase an additional 60,150 shares at an exercise price of CAD $1.34 per share. Although these options have not yet vested and thus remain non‑exercisable, if exercised, they would elevate his total holdings to 4,137,075 shares, or about 10.34% of Lotus Creek’s outstanding shares.
The acquisition is expressly for investment purposes. Gray may — as part of routine investment activity — buy further shares, exercise existing options, or divest part/all of his holdings. An early‑warning report will be filed on SEDAR+ under Lotus Creek’s issuer profile.
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