Ortelius Advisors, L.P. - Jun 9, 2021 Form 3 Insider Report for TRECORA RESOURCES (TREC)

Role: 10%+ Owner
Signature: ORTELIUS ADVISORS, L.P. By: Ortelius Management, LLC, its general partner By: /s/ Peter DeSorcy Name: Peter DeSorcy Title: Managing Member
Stock symbol: TREC
Transactions as of: Jun 9, 2021
Transactions value $: $0
Form type: 3
Date filed: 6/11/2021, 02:03 PM
Next filing: Jun 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TREC	Common Stock						2.33M	Jun 9, 2021	See footnotes	F1, F3
holding	TREC	Common Stock						164K	Jun 9, 2021	See footnotes	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are beneficially owned by Pangaea Ventures, L.P. ("Pangaea").
F2	These shares are beneficially owned by Temnein Ventures III, L.P. ("Temnein").
F3	Ortelius Advisors, L.P. (the "Adviser") is the investment manager of Pangaea and Temnein. Peter DeSorcy is the Managing Member of the general partner of the Adviser, which is the Managing Member of the Adviser, and Mr. DeSorcy has a controlling interest in the Adviser. The Adviser and Mr. DeSorcy disclaim beneficial ownership of any of the shares of common stock owned by Pangaea and Temnein, except to the extent of their pecuniary interest therein.