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Director selling at Nuran Wireless (C:NUR)

Updated Wednesday Dec 13, 2017 02:33 AM EDT

Martin Bedard, a Senior Officer, Director and 10% Holder, disposed of 2,988,351 Common Shares on an indirect ownership basis for registered holder 9168974 Canada Inc., 2,988,351 Common Shares on an indirect ownership basis for registered holder 9169091 Canada Inc., 2,761,589 Common Shares on an indirect ownership basis for registered holder 9312-9377 Quebec Inc., 2,761,588 Common Shares on an indirect ownership basis for registered holder 9316-8276 Quebec Inc., 2,761,589 Common Shares on an indirect ownership basis for registered holder 9317-7996 Quebec Inc., 2,761,589 Common Shares on an indirect ownership basis for registered holder 9317-8713 Quebec Inc., and 28,083,333 Common Shares on an indirect ownership basis for registered holder Finexcorp Inc., all at a price of $0.170 through a private transaction on December 5th, 2017. This represents a $7,668,086 divestment of the company's shares and an account share holdings change of -98.9%.

NuRAN Wireless is in the Communications & Networking Sub Industry Group under the Technology Sector.

NuRAN Wireless Inc. is a Canada-based company, which is a supplier of mobile and broadband wireless solutions. The Company operates in the research, development, manufacturing and marketing of digital electronic circuits and wireless telecommunication products. It offers global system for mobile communication (GSM), long-term evolution (LTE), and white space radio access network (RAN) and backhaul products for mobile network operators and Internet service providers. It provides a variety of specialized systems for indoor coverage, rural connectivity in markets, connectivity to offshore platforms and ships, private mobile networks or custom solutions for specific markets, such as Internet of Things (IoT), public safety, emergency or crisis communications. It operates in three lines of business: wireless network products, advanced development platforms (ADP) and engineering services. Its wireless network products are small infrastructure wireless devices, such as base station radios.

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