Uracan Resources has been advised that on January 26, 2016, Clive Johnson, Chairman and Director of the Company, acquired ownership and control over 500,000 common shares of the Company representing 0.69% of the issued and outstanding common shares of the Company. After this acquisition, Mr. Johnson now owns in aggregate 13,091,033 common shares, representing 18.19% of the current issued and outstanding common shares of
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