| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 2/1/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1726126 |
| Issuer Name: Epsilon Energy Ltd. |
| Issuer Trading Symbol: EPSN |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1604867 |
| | Owner Name: Solas Capital Management, LLC |
| Reporting Owner Address: |
| | Owner Street 1: 1063 POST ROAD |
| | Owner Street 2: 2ND FLOOR |
| | Owner City: DARIEN |
| | Owner State: CT |
| | Owner ZIP Code: 06820 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1609578 |
| | Owner Name: FREDERICK TUCKER GOLDEN |
| Reporting Owner Address: |
| | Owner Street 1: C/O SOLAS CAPITAL MANAGEMENT, LLC |
| | Owner Street 2: 1063 POST ROAD, 2ND FLOOR |
| | Owner City: DARIEN |
| | Owner State: CT |
| | Owner ZIP Code: 06820 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Shares, no par value |
| | Transaction Date: |
| | | Value: 2/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 178,879 |
| | | Transaction Price Per Share: |
| Value: 4.9 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,768,467 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Footnote |
| Footnote ID: F2 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Shares, no par value |
| | Transaction Date: |
| | | Value: 2/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 178,879 |
| | | Transaction Price Per Share: |
| Value: 4.9 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,768,467 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Footnote |
| Footnote ID: F2 |
| Footnotes: |
| Footnote - F1: These transactions are rebalancing transactions between different accounts. |
| Footnote - F2: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| Owner Signature: |
| Signature Name: SOLAS CAPITAL MANAGEMENT, LLC, By: /s/ Frederick Tucker Golden, Frederick Tucker Golden, Portfolio Manager |
| Signature Date: 2/5/24 |
| Owner Signature: |
| Signature Name: Frederick Tucker Golden, /s/ Frederick Tucker Golden |
| Signature Date: 2/5/24 |
