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VKIN Viking Energy Group Inc (QB)

0.807
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Viking Energy Group Inc (QB) USOTC:VKIN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.807 0.7911 0.807 0.00 01:00:00

Statement of Changes in Beneficial Ownership (4)

08/09/2020 9:11pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Caruso Troy Andrew
2. Issuer Name and Ticker or Trading Symbol

VIKING ENERGY GROUP, INC. [ VKIN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

10 COLONIAL DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

7/7/2020
(Street)

SMITHTOWN, NY 11787
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 7/7/2020  J(5)  701966 A$0 25769748 I See Footnote 2 (2)
Common Stock 7/8/2020  P  135000 A$0.122 25904748 I See Footnote 1 (1)
Common Stock 7/8/2020  P  180000 A$0.122 26084748 I See Footnote 3 (3)
Common Stock 7/8/2020  P  90000 A$0.122 26174748 D  
Common Stock 7/14/2020  J(7)  11065574 A$0.122 37240322 I See Footnote 1 (1)
Common Stock 7/20/2020  J(6)  435559 A$0 37675881 I See Footnote 2 (2)
Common Stock 8/11/2020  J(8)  644579 D$0.122 37031302 I See Footnote 1 (1)
Common Stock 8/11/2020  J(9)  644579 A$0.122 37675881 I See Footnote 4 (4)
Common Stock 8/12/2020  J(8)  3000000 D$0.122 34675881 I See Footnote 1 (1)
Common Stock 8/12/2020  J(9)  3000000 A$0.122 37675881 I See Footnote 4 (4)
Common Stock 8/13/2020  J(8)  1045658 D$0.122 36630223 I See Footnote 1 (1)
Common Stock 8/13/2020  J(8)  1305240 D$0.122 35324983 I See Footnote 1 (1)
Common Stock 8/13/2020  J(8)  107603 D$0.122 35217380 I See Footnote 1 (1)
Common Stock 8/13/2020  J(8)  108123 D$0.122 35109257 I See Footnote 1 (10)
Common Stock 8/13/2020  J(8)  69614 D$0.122 35039643 I See Footnote 1 (1)
Common Stock 8/13/2020  J(9)  45000 D$0.122 34994643 I See Footnote 1 (1)
Common Stock 8/24/2020  J(5)  2139344 A$0.122 37133987 I See Footnote 2 (2)
Common Stock 8/26/2020  P  7124455 A$0.14 44258442 I See Footnote 4 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Represents shares owned by Radium2 Capital, LLC, of which the Reporting Person indirectly owns 95.38% of. The Reporting Person has the authority to sell, transfer, or vote all shares of Radium2 Capital, LLC.
(2) Represents shares owned by Radium Asset Management, LLC, of which the Reporting Person owns 100% of.
(3) Represents shares owned by Axe Capital Solutions, Inc., of which the Reporting Person owns 33.33% of. The Reporting Person has the authority to sell, transfer, or vote all shares of Axe Capital Solutions, Inc.
(4) Represents shares owned by Troy Caruso, Inc. of which the Reporting Person owns 100% of.
(5) Pursuant to the terms of a consulting agreement.
(6) Represents shares issued to Radium Asset Management, LLC, of which the Reporting Person owns 100% of, in connection with a Non-Discretionary Advisory Agreement, dated January 15, 2020, as amended on April 13, 2020, entered into between the Issuer and Radium Asset Management, LLC.
(7) See fn. 5; Of the 435,559 shares of common stock beneficially owned by the Reporting Person, only 435,550 shares have been issued and 9 shares remained unissued.
(8) See VKIN 8K, filed July 14, 2020.
(9) Represents shares transferred by Radium2 Capital, LLC, which is controlled by the Reporting Person, to syndicate partners of Radium2 Capital, LLC.
(10) Represents shares transferred by Radium2 Capital, LLC, which is controlled by the Reporting Persons, to investors of Radium2 Capital, LLC.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Caruso Troy Andrew
10 COLONIAL DRIVE
SMITHTOWN, NY 11787

X


Signatures
/s/ Troy Caruso9/8/2020
**Signature of Reporting PersonDate

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