Double Crown Resources CEO Purchases 1.1 Million Shares of DDCC Stock at Current Market Prices
July 29 2015 - 09:00AM
InvestorsHub NewsWire
HENDERSON,
NV -- July 29, 2015 -- InvestorsHub NewsWire
-- Double Crown Resources, Inc. (DDCC),
a fully reporting company, is pleased to announce that its
CEO, Jerold S. Drew has recently purchased a total of 1.1 million
shares of DDCC common stock at current market prices between
.0190 and .0198. The purchases were all executed through the
CEO's personal brokerage account with his own funds. Specific
details are disclosed in Double Crown's Form 4
filing made on July 28th.
CEO
Jerold S. Drew commented, "With all of the progress and
developments of Double Crown Resources to date, including the
commencement of our first revenue generating projects this
year, I consider DDCC stock to be very undervalued
and attractive. In accordance with SEC
regulations, the company has made the appropriate Form 4
filing for my recent purchases and will also make additional
filings as periodically required. The very
high expectations, global market potential and long-term
goals we have for Double Crown, combined
with the achievements the company has made in 2015
especially, should give strong confidence to all of our
investors. My decision to add to my personal
stock holdings at this time was based not only on
anticipation of significant investment appreciation but also
to help tangibly illustrate the bright future we see for this
company and our strong commitment to all DDCC
shareholders.”
About
Double Crown Resources, Inc.
Double Crown Resources, Inc., is a public, fully reporting company
in the natural resources industry. In addition to our oilfield
services business, we market the patent-pending, multi-advantage
container system called Translock²
(Trans-lock Squared). This system is designed for highly efficient,
economical and environmentally friendly shipment of aggregate
commodities to the oilfield services industry. Additionally, we
hold a 100% interest in the Bateman gold and nickel prospect near
Thunder Bay, Ontario, Canada. Double Crown Resources, Inc.,
originally founded in 2006, is based in Henderson, NV with
marketing offices in Houston, TX.
Neither this press release nor any related calls or discussions
constitutes an offer to sell, or the solicitation of an offer to
buy, any securities.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements
in this press release. This press release contains forward-looking
statements that involve risks and uncertainties. Words such as
"will," "anticipates," "believes," "plans," "goal," "expects,"
"future," "intends," and similar expressions are used to identify
these forward-looking statements. Such forward-looking statements
include risks and uncertainties, and there are important factors
that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors, risks and uncertainties are discussed in the Company's
annual report on Form 10-K for the year ended December 31, 2014 as
updated from time to time in our filings with the Securities and
Exchange Commission. The Company is not responsible for updating
the information contained in this press release beyond the
published date, or for changes made to this document by wire
services or Internet services. For further information about Double
Crown Resources, Inc., please refer to its website
at http://www.doublecrownresources.com.
Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: (707) 961-6016
Email: info@doublecrownresources.com
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