VANCOUVER, BC, Jan. 25, 2023 /CNW/ - MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) ("MCF Energy" or the "Company") the Company announces that Mr. Frank Giustra directly acquired an aggregate of 1,200,000 common shares in a series of transactions through the facilities of the TSX Venture Exchange. Prior to the acquisition of common shares, Mr. Giustra and his related entities directly and indirectly owned 17,700,000 common shares of MCF Energy, representing approximately 9.61% of the outstanding common shares of the Company. Following the acquisition of common shares, Mr. Giustra, directly and indirectly now owns 18,900,000 common shares of MCF Energy, representing approximately 10.26% of the outstanding common shares of the Company.
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