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Public market insider buying at Street Capital Group (T:SCB)

Updated Thursday Sep 28, 2017 01:57 AM EDT

Sotiria Aggelakis, a Subsidiary Executive, acquired 30,000 Common Shares on an indirect ownership basis for registered holder LIF at a price of $1.350 on September 25th, 2017. The insider also acquired 78,000 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $1.350 on September 25th, 2017. This represents a $145,800 investment into the company's shares and an account share holdings change of greater than 100%.

Street Capital Group is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Street Capital Group Inc., formerly Counsel Corporation, is a financial services company. The Company operates principally as a mortgage lending business. It carries on its mortgage lending business through its subsidiary, Street Capital Financial Corporation (Street Capital Financial), which is a residential mortgage lender. Street Capital sells its mortgages to various financial institutions in Canada. The Company holds interests in a private equity business through its subsidiary, Knight's Bridge Capital Partners Inc. The Company securitizes insured single-family residential mortgage loans by participating in the National Housing Act Mortgage-Backed Securities (NHA MBS) program. The Company's mortgages are primarily sold to institutional investors. Street Capital Financial originates residential mortgage loans, primarily through its network of independent mortgage brokers, in various provinces of Canada.

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Go to Street Capital Group Inc. (SCB)'s company page

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