AXPLF...CEO pays $10.50 per share for Arabella stock in a Private Placement worth $2M... (That is a 31% gain over yesterday's close and a 115% gain over the $4.88 closing price two weeks ago !!!!!!!!!!!!!!!!!!!)
Arabella CEO Makes Equity Investment
Arabella CEO Jason Hoisager Purchases $2mm of Arabella Ordinary Shares at $10.50
MIDLAND, TX--(Marketwired - June 27, 2014) - Arabella Exploration, Inc. (AXPLF) ("Arabella" or the "Company") today announced that its Chief Executive Officer, Jason Hoisager, has purchased 190,477 of the Company's newly issued ordinary shares at a price per share of $10.50 in a private placement, resulting in gross proceeds to the Company of approximately $2,000,000. http://finance.yahoo.com/news/arabella-ceo-makes-equity-investment-120000160.html
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
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