Private Eye

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Flatts buying at Strategem Capital (V:SGE)

Updated Tuesday May 18, 2021 02:08 AM EDT

Gordon Flatt, a Director and 10% Holder, acquired 1,655,000 Common Shares on an indirect ownership basis for registered holder SKKY Capital Corporation Limited at a price of $2.290 through a private transaction on May 17th, 2021. The insider also acquired 1,655,000 Warrants with an exercise price of $2.750 until May 17/24. This represents a $3,789,950 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Graydon Flatt, a 10% Holder, acquired 1,655,000 Common Shares and 1,655,000 Warrants on an indirect ownership basis for registered holder 2023378 Ontario Inc. This represents a $3,789,950 investment into the company's shares and an account share holdings change of greater than 100%.

Strategem is a publicly-traded merchant bank whose investment objective is to provide capital growth through investments in a broad spectrum of diversified investment assets. These investment assets may include securities, mutual funds, government treasury issues, real estate or other related opportunities.  Its investments shall be focused, high growth opportunities in private or public companies.

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Go to Strategem Capital Corporation (SGE)'s company page

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