Strongbow Resources Inc. (OTCMKTS:STBR) Files An 8-K Unregistered Sales of Equity Securities

Strongbow Resources Inc. (OTCMKTS:STBR) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities.

On March 16, 2017 and March 17, 2017, we sold an aggregate of 370,000 shares of common stock (each, a “Share”) at a price of US$0.50 per Share for gross proceeds of US$185,000.  We issued the Shares to one non-U.S. person (as that term is defined in Regulation S of the Securities Act of 1933, as amended) in an offshore transaction in which we relied on the exemptions from the registration requirements provided for in Regulation S and/or Section 4(a)(2) of the Securities Act of 1933, as amended, and to two U.S persons in reliance upon Rule 506 of Regulation D of the Securities Act of 1933, as amended.

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 28, 2015, Kent Edney resigned as our chief operating officer.  

About Strongbow Resources Inc. (OTCMKTS:STBR)

Strongbow Resources Inc. is focused on the acquisition, exploration and development of oil and gas properties located in the United States and Canada. The Company’s net probable reserves are approximately 89,600 barrels of oil. The Company has a well on approximately 160 developed acres. The Company has approximately 4,960 gross acres and 4,960 net undeveloped acres. The Company seeks to focus on the exploration and drilling of the Farmout Lands, identify and complete additional asset acquisition(s), and pursue joint venture agreements with third parties to explore for oil and gas in Canada and the United States. As of February 29, 2016, the Company had no proved undeveloped reserves. The Company has generated no revenue from pre-production sales of oil and commercial production.

Strongbow Resources Inc. (OTCMKTS:STBR) Recent Trading Information

Strongbow Resources Inc. (OTCMKTS:STBR) closed its last trading session up +0.050 at 0.700 with 20,800 shares trading hands.

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