Monday, November 9, 2015

Craig Steinke leads Renaissance Oil

Renaissance Oil Corp. (ROE:TSXV), led by Craig Steinke, jumped 33% to close at $0.24 per share Monday. Craig Steinke shows his depth with Renaissance Oil While the majority of junior oil and gas stocks shiver in the cold wind of one of the most severe bear market in energy prices, Steinke’s Renaissance Oil recently raised […]

Renaissance Oil Corp. (ROE:TSXV), led by Craig Steinke, jumped 33% to close at $0.24 per share Monday.

Craig Steinke shows his depth with Renaissance Oil

While the majority of junior oil and gas stocks shiver in the cold wind of one of the most severe bear market in energy prices, Steinke’s Renaissance Oil recently raised $10.6 million.

On November 4th, Renaissance Oil announced it had closed the balance of its successfully oversubscribed private placement between the Company and Haywood Securities Inc., for 45,865,000 units at a price of C$0.10 per Unit, for additional gross proceeds of approximately C$4.6 million. Renaissance has raised a total of C$10,689,000.

This show of strength in one of the worst junior markets in history can be credited to one thing:management. Renaissance’s shares are now up over 100% from the subscription price.

We wrote about Craig Steinke’s success in our latest Ebook which chronicles the success of 50 multimillion, and in some cases billion, dollar buyouts. Below is a short excerpt:

“Past success: CEO and Chairman of Realm Energy, which was bought out in a deal worth approximately $142 million. Realm Energy (RLM:TSXV), formed by Craig Steinke and Ian Telfer in 2009, collaborated with Halliburton (Houston), assembled key shale plays in ten European basins, completed a major joint venture with ConocoPhillips and was bought out by San Leon Energy Plc (according to Bloomberg it is a natural-gas explorer backed by billionaire George Soros) in a deal worth $142 million (figure sourced from Bloomberg). The buyout occurred in late-2011. Steinke was the Executive Chairman and CEO of Realm.”

The companies these leaders run today are described in this one of a kind rolodex of some of the top entrepreneurs and business minds operating in North America’s small cap public markets.

Click the below image to get your free copy today.

Renaissance Oil trades higher in November Stock Challenge

Renaissance Oil Corp. (ROE:TSXV) closed up 33% to close at $0.24 per share on light the volume. The move was enough to capture the Daily Stock Challenge Breakout award in November’s Stock Challenge.

Long-time member ‘agmreporter‘ and ‘GeoInvest‘ both selected Renaissance for November’s Stock Challenge.

agmreporter outperformed all Challengers Monday as his combined average return was 16.35%, compared to GeoInvest’s 12.38%.

Marijuana stocks stabilized Monday, keeping the majority of members in the Top 10 in good position. Our current leader, ‘micronta‘ is sitting pretty with a 58.18% combined average return.

View Top 20 Leaderboard


Pinnacle Digest, and its employees, are not investment advisors; and any reference to specific securities in the list referred to in this article does not constitute a recommendation thereof. THIS IS NOT INVESTMENT ADVICE. All statements in this article are to be checked and verified by the reader. Readers are encouraged to consult their investment advisors prior to making any investment decisions. The information in this article is of an impersonal nature and should not be construed as individualized advice or investment recommendations.

Pinnacle Digest does not endorse or recommend any of the referenced securities. At the time of publication and distribution of this article (5:30PM PST on November 9, 2015) neither PinnacleDigest.com, its employees or consultants owned shares in any of the mentioned companies in this article. This article is intended for informational and entertainment purposes only. The author of this article bears no liability for losses and/or damages arising from the use of this article. This article may contain technical or other inaccuracies, omissions, or typographical errors, for which PinnacleDigest.com and its parent company assumes no responsibility. We do not guarantee that any of the companies mentioned in this article or on PinnacleDigest.com will perform as we expect, and any comparisons we have made to other companies may not be valid or come into effect.

All statements in this article, other than statements of historical fact, should be considered forward-looking statements. These statements relate to future events or future performance. Much of this article is comprised of statements of projection. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.

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