More shares to chew through Sedar posting says Michael Blair, who retired as CEO in December and remains a director, will sell the 220,000 shares of AM held in his RRSP and 52,463 shares held in Renegade Capital, of which he is President. This will leave Renegade with 4 million shares even.
Renegade purchased 1,872,463 shares at
.90 March 24, one year ago, from the holding company of another director and has made a dramatic return on this investment to date.
Upon retirement, Blair may be diversifying his investments. Renegade will continue to hold approx. 19% of AM.