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Hunter Group ASA

Major Shareholding Notification Jan 31, 2017

3626_mrq_2017-01-31_6e7dface-98c1-4016-bd4c-f4e89810c44a.html

Major Shareholding Notification

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BXPL - Disclosure of shareholding

BXPL - Disclosure of shareholding

Spencer Trading Inc., a company controlled by Arne

Blystad, has today purchased 25,000,001 shares in

Badger Explorer ASA (the "Company").

After this purchase, Spencer Trading Inc. owns

25,000,001 shares, equivalent to 6.6% of the total

outstanding number of shares in the Company

(378,537,288).

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