Public market insider buying at The Westaim (WED)

Public market insider buying at The Westaim (V:WED)

Parag Shah, a Subsidiary Executive, acquired 248,200 Common Shares on a direct ownership basis at a price of US$1.100 on April 3rd, 2020. This represents a $386,105 investment into the company's shares and an account share holdings change of 19.1%.

The Westaim is in the Corporate Financial Services Sub Industry Group under the Financials Sector.

The Westaim Corporation (Westaim) is a Canada-based investment company. The Company is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. The Company's principal investments consist of Houston International Insurance Group, Ltd. (HIIG), through Westaim HIIG Limited Partnership, and the Arena group of companies. HIIG is a diversified specialty insurance company providing coverage primarily in the United States but also globally for certain risks. Its Arena Group includes Arena Investors, Arena Finance and Arena Origination.