Braslyn buying at Callidus Capital (CBL)

Braslyn buying at Callidus Capital (T:CBL)

Braslyn Ltd., a 10% Holder, acquired 74,600 Common Shares on a direct ownership basis at prices ranging from $10.106 to $10.927 between November 13th, 2017 and November 17th, 2017. This represents a $770,153 investment into the company's shares and an account share holdings change of 1.1%.

Callidus Capital is in the Corporate Financial Services Sub Industry Group under the Financials Sector.

Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States. The Company offers loans ranging in size from $5 million to $100 million. The Company offers a range of facilities, including revolving lines of credit; term loans, including standalone term loans; distressed lending, including debtor in possession (DIP) loans, acquisition funding out of bankruptcy and stalking horse bid funding, and growth oriented financing in support of acquisitions, management buyouts (MBO's), inventory builds, seasonal facilities and purchase order financing. It helps clients by providing liquidity from a company's basket of assets than traditional lenders on a non-dilutive basis. Callidus Capital Corporation (CBL) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has invested a total amount of $770,153.