Public market insider buying at Firm Capital Mortgage Inv (T:FC)

Keith L. Ray, a Director, acquired 1,600 Common Shares on an indirect ownership basis for registered holder 4180135 at a price of $10.530 on December 15th, 2022. The insider also acquired 10,000 Common Shares on an indirect ownership basis for registered holder Raykay Corporation at a price of $10.570 on December 15th, 2022. The insider also acquired 2,700 Common Shares on an indirect ownership basis for registered holder Spousal RRSP at a price of $10.540 on December 8th, 2022. This represents a $151,006 investment into the company's shares and an account share holdings change of 18.7%.

Firm Capital Mortgage Inv is in the Banks Sub Industry Group under the Financials Sector.

Firm Capital Mortgage Investment Corporation is a Canada-based company. The Company, through its Mortgage Banker, Firm Capital Corporation (FCC), is a non-bank lender providing residential and commercial real estate financing. It specializes in three investment areas: Mortgage Operations, Real Estate Operations and Special Situation Investments. Its investment objective is the preservation of shareholders' capital while providing shareholders with a stable stream of monthly dividends from the Company's investments. The Company achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. FCC provides loan origination, underwriting, loan servicing, and syndication services. Its investment portfolio includes conventional first mortgages; conventional non-first mortgages; related debt investments; debtor in possession loan; discounted debt investments, and non-conventional mortgages.