Viking Energy (VKIN) Form 4 VIKING ENERGY / Troy Andrew Caruso ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Caruso Troy Andrew

(Last) (First) (Middle)

10 COLONIAL DRIVE

(Street)

SMITHTOWN NY 11787

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIKING ENERGY GROUP, INC. [ VKIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/07/2020		J(5)		701,966	A	$0	25,769,748	I	See Footnote 2(2)
Common Stock	07/08/2020		P		135,000	A	$0.122	25,904,748	I	See Footnote 1(1)
Common Stock	07/08/2020		P		180,000	A	$0.122	26,084,748	I	See Footnote 3(3)
Common Stock	07/08/2020		P		90,000	A	$0.122	26,174,748	D
Common Stock	07/14/2020		J(7)		11,065,574	A	$0.122	37,240,322	I	See Footnote 1(1)
Common Stock	07/20/2020		J(6)		435,559	A	$0	37,675,881	I	See Footnote 2(2)
Common Stock	08/11/2020		J(8)		644,579	D	$0.122	37,031,302	I	See Footnote 1(1)
Common Stock	08/11/2020		J(9)		644,579	A	$0.122	37,675,881	I	See Footnote 4(4)
Common Stock	08/12/2020		J(8)		3,000,000	D	$0.122	34,675,881	I	See Footnote 1(1)
Common Stock	08/12/2020		J(9)		3,000,000	A	$0.122	37,675,881	I	See Footnote 4(4)
Common Stock	08/13/2020		J(8)		1,045,658	D	$0.122	36,630,223	I	See Footnote 1(1)
Common Stock	08/13/2020		J(8)		1,305,240	D	$0.122	35,324,983	I	See Footnote 1(1)
Common Stock	08/13/2020		J(8)		107,603	D	$0.122	35,217,380	I	See Footnote 1(1)
Common Stock	08/13/2020		J(8)		108,123	D	$0.122	35,109,257	I	See Footnote 1(10)
Common Stock	08/13/2020		J(8)		69,614	D	$0.122	35,039,643	I	See Footnote 1(1)
Common Stock	08/13/2020		J(9)		45,000	D	$0.122	34,994,643	I	See Footnote 1(1)
Common Stock	08/24/2020		J(5)		2,139,344	A	$0.122	37,133,987	I	See Footnote 2(2)
Common Stock	08/26/2020		P		7,124,455	A	$0.14	44,258,442	I	See Footnote 4

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares owned by Radium2 Capital, LLC, of which the Reporting Person indirectly owns 95.38% of. The Reporting Person has the authority to sell, transfer, or vote all shares of Radium2 Capital, LLC.

2. Represents shares owned by Radium Asset Management, LLC, of which the Reporting Person owns 100% of.

3. Represents shares owned by Axe Capital Solutions, Inc., of which the Reporting Person owns 33.33% of. The Reporting Person has the authority to sell, transfer, or vote all shares of Axe Capital Solutions, Inc.

4. Represents shares owned by Troy Caruso, Inc. of which the Reporting Person owns 100% of.

5. Pursuant to the terms of a consulting agreement.

6. Represents shares issued to Radium Asset Management, LLC, of which the Reporting Person owns 100% of, in connection with a Non-Discretionary Advisory Agreement, dated January 15, 2020, as amended on April 13, 2020, entered into between the Issuer and Radium Asset Management, LLC.

7. See fn. 5; Of the 435,559 shares of common stock beneficially owned by the Reporting Person, only 435,550 shares have been issued and 9 shares remained unissued.

8. See VKIN 8K, filed July 14, 2020.

9. Represents shares transferred by Radium2 Capital, LLC, which is controlled by the Reporting Person, to syndicate partners of Radium2 Capital, LLC.

10. Represents shares transferred by Radium2 Capital, LLC, which is controlled by the Reporting Persons, to investors of Radium2 Capital, LLC.

Remarks:

	/s/ Troy Caruso	09/08/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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