Solas Capital Management, LLC - May 3, 2022 Form 4 Insider Report for Epsilon Energy Ltd. (EPSN)

Role: 10%+ Owner
Signature: SOLAS CAPITAL MANAGEMENT, LLC, By: /s/ Frederick Tucker Golden, Frederick Tucker Golden, Portfolio Manager
Stock symbol: EPSN
Transactions as of: May 3, 2022
Transactions value $: -$1,191,012
Form type: 4
Date filed: 5/5/2022, 05:30 PM
Next filing: May 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPSN	Common Shares, no par value	Sale	-$459K	-61.5K	-1.45%	$7.46	4.19M	May 3, 2022	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	-$495K	-63.5K	-1.52%	$7.80	4.13M	May 4, 2022	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	-$237K	-31.6K	-0.77%	$7.50	4.09M	May 5, 2022	See Footnote	F1

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

Explanation of Responses:

Id	Content
F1	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.

Content

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.