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Public market insider selling at Canopy Rivers (C:RIV)

Updated Tuesday Jul 02, 2019 01:59 AM EDT

Mark Anthony Nicholas Zekulin, a 10% Holder, disposed of 499,999 Subordinated Voting Shares on a direct ownership basis at prices ranging from $3.123 to $3.165 between June 26th and 28th, 2019. The insider also disposed of 175,000 Subordinated Voting Shares on a control or direction basis for registered holder The Zekulin (2018) Family Trust at a price of $3.131 on June 26th, 2019. This represents a $2,115,718 divestment of the company's shares and an account share holdings change of -45.3%.

Canopy Rivers is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Canopy Rivers Inc, formerly Aim2 Ventures Inc, is a Canada-based investment and operating platform structured to pursue opportunities in the emerging global cannabis sector. Its portfolio of companies brings product, segment, geographic and investment structure diversification. The Company looks to invest in all segments of the cannabis value chain and aims to partner with management teams. Investments take the form of production-linked royalties, secured debt, newly formed joint ventures and a variety of equity and equity-linked instruments. The Company works collaboratively with Canopy Growth to identify strategic counterparties seeking financial and operating support and affiliation with the Canopy Growth group of companies. Canopy Rivers Inc. (RIV) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has divested a net amount of $2,115,718.

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Go to RIV Capital Inc. (RIV)'s company page

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