Public market insider buying at Currency Exchange Intl (CXI)

Public market insider buying at Currency Exchange Intl (T:CXI)

Mark Douglas Mickleborough, a Director, acquired 8,000 Common Shares on an indirect ownership basis for registered holder BMO Investorline Cash, 2,350 Common Shares on an indirect ownership basis for registered holder BMO Investorline RRSP and 500 Common Shares on an indirect ownership basis for registered holder BMO Investorline TFSA at a price of $12.000 on March 18th, 2021. This represents a $130,200 investment into the company's shares and an account share holdings change of 15.3%.

Currency Exchange International, Corp. (CXI) provides currency exchange and related products. The Company's geographical segments include the United States and Canada. The Company operates a money service business. Its services include foreign currency exchange, traveler's checks, check cashing services, multi-currency prepaid cards, foreign check clearing, issuing foreign bank drafts and international wire transfers. The Company's primary business channels to service customers are through Company-owned branch locations and foreign exchange partnerships with financial institutions and corporations. The Company offers products to banks, money service businesses, travel companies and clients throughout the United States and Canada, by utilizing its online software system, CEIFX. CEIFX is a Web-based software, which delivers its foreign currency services in a package. CEIFX is also an online compliance and risk management tool. Currency Exchange International, Corp. (CXI) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $130,200.