Multiple insider buying at ParcelPal Logistics (PKG)

Multiple insider buying at ParcelPal Logistics (C:PKG)

Rich Wheeless, a Senior Officer, acquired 5,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on February 21st, 2024. This represents a $250,000 investment into the company's shares and an account share holdings change of 38.5%.

Three other insiders also bought shares in smaller amounts.

ParcelPal Logistics is in the Courier, Postal, Air Freight & Land-based Logistics Sub Industry Group under the Industrials Sector.

ParcelPal Logistics Inc. is a Canada-based courier and logistics company, which is a specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same day delivery and e-commerce integration. The Company offers logistic management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.