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Filing Details

Accession Number:: 0001144204-15-041408
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-07-07 17:21:14
Reporting Period:: 2015-07-06

Filing Date:: 2015-07-07
Accepted Time:: 2015-07-07 17:21:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1434110	Propell Technologies Group Inc.	PROP	Oil & Gas Field Exploration Services (1382)	261856569

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1635201	Ltd Investments Ervington	Chrysanthou Mylona 3 Limassol G4 3030	No	No	Yes	No
1635203	Ltd Holdings International Greenleas	Wickhams Cay Ii, Coastal Building Road Town Tortola D8 0000	No	No	Yes	No
1635959	Settlement Trust Harmony	Chrysanthou Mylona 3 Limassol G4 3030	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-07-06	56,677,477	$0.00	64,302,467	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series C Preferred Stock	Acquisiton	2015-07-06	2,974,576	$0.00	79,322,032	$0.00
Common Stock	Series A-1 Preferred Stock	Acquisiton	2015-07-06	700,000	$0.00	7,000,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,500,000			No	4	P	Indirect
3,137,500			No	4	P	Indirect

Footnotes

The securities included in this report are directly owned by Ervington Investments Ltd ("Ervington"), which is wholly owned by Greenleas International Holdings Ltd ("Greenleas"), which is wholly owned by Harmony Trust Settlement ("Harmony Trust"). Each of Ervington, Greenleas and Harmony Trust, through the ownership described herein, may be deemed to beneficially own the shares held by Ervington. Each of Greenleas and Harmony Trust disclaims beneficial ownership of the reported securities except to the extent of the pecuniary interest, if any, therein and this report shall not be deemed an admission that either Greenleas or Harmony Trust is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The shares of common stock (the "Common Stock") of Propell Technologies Group, Inc., the shares of Series C Preferred Stock and shares of Series A-1 Preferred Stock reported in this report were acquired in a private placement transaction for aggregate proceeds of $9,750,000.
The Series C Preferred Stock has no expiration date and each share of Series C Preferred Stock is convertible at any time at the option of the holder into approximately 26.67 shares of Common Stock. As a result, the 4,500,000 shares of Series C Preferred Stock reported herein are convertible into an aggregate of 120,000,000 shares of Common Stock.
The Series A-1 Preferred Stock has no expiration date and each share of Series A-1 Preferred Stock is convertible at any time at the option of the holder into ten (10) shares of Common Stock. As a result, the 3,137,500 shares of Series A-1 Preferred Stock reported herein are convertible into an aggregate of 31,375,000 shares of Common Stock.