Off-market insider buying at EarthRenew (ERTH)

Off-market insider buying at EarthRenew (C:ERTH)

Frederic Leigh, a Director and 10% Holder, acquired 2,666,667 Common Shares on an indirect ownership basis for registered holder PI Financial Corp. at a price of $0.300 through a prospectus or prospectus exempt offering on October 13th, 2020. The insider also acquired 1,333,334 Warrants with an exercise price of $0.450 for 24 months. This represents a $800,000 investment into the company's shares and an account share holdings change of greater than 100%.

EarthRenew is in the Independent Power Producers Sub Industry Group under the Utilities Sector.

EarthRenew Inc, formerly Valencia Ventures Inc, is a Canada-based power generation company. It is a clean technology company engaged in the development and commercialization of technology solutions for healthy soils, clean water, manure, waste treatment, and biosolids disposal applications. The Company's patented production process converts livestock waste to nutrient-rich, slow-release pelleted organic fertilizer. EarthRenew Inc converts natural gas to electricity from an industrial-sized gas turbine. The Company sells surplus electricity to the electrical grid and to cryptocurrency miners, which co-locate on site and dry manure feedstock to produce organic fertilizer. The Company has a commercial scale operation in Strathmore, Alberta, Canada. EarthRenew Inc. (ERTH) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $800,000.