Off-market insider buying at Elcora Advanced Materials (V:ERA)

Denis Choquette, a Director, acquired 3,600,000 Common Shares on an indirect ownership basis for registered holder Travis Capital Inc. at a price of $0.050 through a prospectus or prospectus exempt offering on October 19th, 2022. The insider also acquired 3,600,000 Warrants with an exercise price of $0.200. This represents a $180,000 investment into the company's shares and an account share holdings change of greater than 100%.

Elcora Advanced Materials is in the Electrical Components & Equipment Sub Industry Group under the Industrials Sector.

Elcora Advanced Materials Corp. is a Canada-based vertically integrated graphite and graphene company. The Company mines, processes, refines graphite and produces both graphene and graphene applications. It is primarily engaged in the advanced material research and production. The Company operates through two segments: the development of graphite mineral properties through the joint venture in Sakura and graphene related research and development activities through the Company's subsidiary Graphene Corp. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene. Its graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. The Company's products include EL-I-C6 Graphite and Anode Powders, EL-2D Few Layer Graphene, EL-MG/5 Micro Graphite and EL-NP Graphite Nano-Platelets.