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Multiple buying at Atlas Engineered Products (V:AEP)

Updated Monday Dec 10, 2018 02:37 AM EDT

Mohammad Hadi Abassi, a Director, acquired 125,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on December 3rd, 2018. The insider also acquired 62,500 Warrants with an exercise price of $0.600 for two years. This represents a $50,000 investment into the company's shares and an account share holdings change of 2.3%.

On the same terms, Gregory Stuart Smith, a Director, acquired 100,000 Common Shares and 50,000 Warrants on a direct ownership basis. This represents a $40,000 investment into the company's shares and an account share holdings change of greater than 100%. Don Hubbard, a Director, acquired 50,000 Common Shares and 25,000 Warrants. This represents a $20,000 investment into the company's shares and an account share holdings change of greater than 100%. Dirk Maritz, a Senior Officer and Director, acquired 37,500 Common Shares and 18,750 Warrants on a direct ownership basis. This represents a $15,000 investment into the company's shares and an account share holdings change of greater than 100%. William Nelson Woods, a Senior Officer, acquired 32,500 Common Shares and 16,250 Warrants on a direct ownership basis. This represents a $13,000 investment into the company's shares and an account share holdings change of greater than 100%.

Atlas Engineered Products is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

Atlas Engineered Products Ltd is a Canada-based company specialized in engineering. The Company provides roof trusses and a number of other engineered wood products for residential and commercial customers, as well as provides design and engineering services in a number of areas, including flooring components and wood beams. The Company provides a software tool that helps reduce job site waste and generate accurate material lists through estimating, modeling and design, operations and collaborating processes. In addition, Atlas Engineered Products Ltd uses Javelin structural frame design application, which is a software application used by the Company in order to create an optimized frame and offers other features such as 3-D modeling capabilities. The software also allows builders and dealers to interact with the structural frame, a better load distribution and analysis, among others.

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Go to Atlas Engineered Products Ltd. (AEP)'s company page

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