RE:RE:RE:Yo Wineaux: Blackrock has sold over 3M shares since July 31st, 2019.
I found something on SEDAR from Nov 8th. My guess is that when TMAC delayed month end financials last quarter, Blackrock (BLK) sold some shares and had to file an Alternative Monthly Report because they are an insider?
2.2. State the date of the transaction or other occurrence that triggered the requirement to file this report and briefly describe the transaction or other occurrence.
October 23, 2019 – BlackRock, Inc. (for and on behalf of its investment advisory subsidiaries) (“BLK”) sold 77,959 common shares on the Toronto Stock Exchange at 4.20 CAD per share.
3.1. State the designation and the net increase or decrease in the number or principal amount of securities, and in the eligible institutional investor’s security holding percentage in the class of securities, since the last report filed by the eligible institutional investor under Part 4 or the early warning requirements.
BLK previously filed a report under Part 4 of NI 62-103 in respect of TMAC Resources Inc. dated July 31, 2019 for security holdings of 13,889,579 common shares representing a security holding percentage of 12.29%. The net decrease in security holdings since the last report is 3,051,433 shares, resulting in BLK’s control or direction over an aggregate of 10,838,146 common shares. As a result, BLK’s security holding percentage of common shares has decreased from 12.29% to 9.44% of the 114,810,544 issued and outstanding common of reporting issuer.