10% holder buying at Genesis Land Development (GDC)

10% holder buying at Genesis Land Development (T:GDC)

Garfield Robert Mitchell, a 10% Holder, acquired 194,300 Common Shares on an indirect ownership basis for registered holder Smoothwater Capital Corporation at a price of $1.980 on November 7th, 2022. This represents a $384,714 investment into the company's shares and an account share holdings change of 0.6%.

Genesis Land Development is in the Real Estate Rental, Development & Operations Sub Industry Group under the Real Estate Sector.

Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Company is engaged in the acquisition, development and sale of land, residential lots and homes primarily in the greater Calgary area. It operates through two segments: land development and home building. Through its home building division, it acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG). It designs, builds and sells homes as a portion of its single-family lots and its townhouse land parcels. Its core projects include Logan Landing, Lewiston, Huxley (Belvedere) and OMNI ASP (in North Conrich). It owns approximately 354 acres of undeveloped land in Calgary's southeast quadrant (Logan Landing).