Directors buying at Electrovaya (EFL)

Directors buying at Electrovaya (T:EFL)

Alexander McLean, a Director, acquired 666,667 Common Shares on a direct ownership basis at a price of $0.150 through a private transaction on May 30th, 2018. The insider also acquired 333,333 Warrants with an exercise price of $0.200 for 36 months. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Carolyn Mary Hansson, a Director, acquired 166,667 Common Shares and 83,333 Warrants on a direct ownership basis. This represents a $25,000 investment into the company's shares and an account share holdings change of greater than 100%.

Electrovaya is in the Electrical Components & Equipment Sub Industry Group under the Industrials Sector.

Electrovaya Inc. is a Canada-based company, which designs, develops and manufactures Lithium Ion SuperPolymer batteries, battery systems, and battery related products for energy storage, clean electric transportation and other specialized applications. The Company develops, manufactures and markets power technology products. The Company, through its subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION ceramic separators and has manufacturing capacity of over 500 megawatt-hour (MWh)/annum. The Company manufactures various components, including LITARION electrodes, SEPARION ceramic separators, LITACELL cells, LITACORE modules and iBMS battery management system. The Company is also engaged in building both low-voltage and high-voltage systems for a range of motive applications, such as forklifts and buses. The Company also offers a range of stationary energy storage solutions for residential, commercial and industrial, and utility applications.