CEO and CFO buying at Theralase Technologies (TLT)

CEO and CFO buying at Theralase Technologies (V:TLT)

Updated Wednesday May 16, 2018 01:53 AM EDT
Roger John Dumoulin-White, CEO, Director and 10% Holder, acquired 500,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on May 14th, 2018. The insider also acquired 500,000 Warrants with an exercise price of $0.300 for 36 months. This represents a $100,000 investment into the company's shares and an account share holdings change of 9.0%.

In addition, Kristina Maria Hachey, CFO, acquired 250,000 Common Shares and 250,000 Warrants on a direct ownership basis. This represents a $50,000 investment into the company's shares and an account share holdings change of 23.5%.

Theralase Technologies is in the Advanced Medical Equipment & Technology Sub Industry Group under the Healthcare Sector.

Theralase Technologies Inc. is a biotech company focused on the commercialization of medical devices to eliminate pain and the development of Photo Dynamic Compounds (PDCs) to destroy cancer. The Company operates through two divisions: Therapeutic Laser Technology (TLT) division and Photo Dynamic Therapy (PDT) division. The TLT division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology is used for healing a range of nerve, muscle and joint conditions, including arthritis, osteoarthritis and wounds. The PDT division develops PDCs and activates them with laser technology to destroy specifically targeted cancers and bacteria. Its TLC-2000 Biofeedback Therapeutic Laser Technology possesses Cell Sensing technology that senses and targets injured tissue. It is also developing TLC-1000 therapeutic medical laser system. It is developing TLC-3000 medical laser system for the treatment of a range of cancers.


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