Off-market insider buying at Burcon Nutrascience (BU)

Off-market insider buying at Burcon Nutrascience (T:BU)

John Vassallo, a Director, acquired 432,121 Common Shares on a direct ownership basis and 3,129,767 Common Shares on an indirect ownership basis for registered holder Nocrub LLC at a price of $0.190 through a private transaction on March 12th, 2024. The insider also acquired 216,061 Warrants on a direct ownership basis and 1,564,883 Warrants on an indirect ownership basis with an exercise price of $0.270 for 24 months. This represents a $676,759 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also participated in smaller amounts.

Burcon Nutrascience is in the Food Processing Sub Industry Group under the Consumer Non-Cyclicals Sector.

Burcon NutraScience Corporation is a Canada-based technology company. The Company is engaged in the development of plant-based proteins for foods and beverages. The Company has a patent portfolio covering its specialty plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is involved in the production, sales, marketing and distribution of pulse protein ingredients, including Peazazz and Peazac pea proteins and its canola proteins, Supertein, Puratein and Nutratein (collectively, the Products). The Company's subsidiary is Burcon NutraScience (MB) Corp., which is engaged in the research and development.