Off-market insider buying at FinCanna Capital (CALI)

Off-market insider buying at FinCanna Capital (C:CALI)

Updated Wednesday Mar 17, 2021 05:31 AM EDT
Andriyko Herchak, a Senior Officer and Director, acquired 4,399,200 Common Shares on a direct ownership basis at a price of $0.125 through a prospectus or prospectus exempt offering on March 11th, 2021. The insider also acquired 2,199,600 Warrants with an exercise price of $0.180 for 24 months. This represents a $549,900 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Robert James Scott, a Senior Officer, acquired 2,064,000 Common Shares and 1,032,000 Warrants on a direct ownership basis. This represents a $258,000 investment into the company's shares and an account share holdings change of greater than 100%.

FinCanna Capital is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Fincanna Capital Corp is a royalty company. The Company provides growth capital to emerging private companies operating in the licensed United States (U.S) cannabis industry. The Company earns its revenue from royalties paid by its investee companies that are calculated based on a percentage of their total revenues.


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