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Off-market insider buying at Nuran Wireless (C:NUR)

Updated Friday Mar 01, 2019 03:19 AM EDT

Martin B?dard, a Senior Officer, Director and 10% Holder, acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder Bilodard Inc., 400,000 Common Shares on an indirect ownership basis for registered holder Bilodard Inc. and 350,000 Common Shares on an indirect ownership basis for registered holder Finexcorp Inc. at a price of $0.100 through a prospectus or prospectus exempt offering on February 26th, 2019. The insider also acquired 500,000 Warrants on an indirect ownership basis for registered holder Bilodard Inc. and 175,000 Warrants on an indirect ownership basis for registered holder Finexcorp Inc. with an exercise price of $0.150 for 24 months. This represents a $175,000 investment into the company's shares and an account share holdings change of 22.3%.

Thierry Cases, a Senior Officer, acquired 250,000 Common Shares and 125,000 Warrants on a direct ownership basis. This represents a $25,000 investment into the company's shares and an account share holdings change of 49.1%.

Francis Letourneau, a Senior Officer, acquired 120,000 Common Shares and 60,000 Warrants on a direct ownership basis. This represents a $12,000 investment into the company's shares and an account share holdings change of 40.0%.

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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