GREY:BFDRF - Post by User
Post by
nobsplson Apr 05, 2017 4:26pm
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Post# 26082039
Osisko Insider, etc.
Osisko Insider, etc.Here are some observations. Osisko became an Insider when they bought in the placement in early February and established a position exceeding 10%. At that time all the officers of directors of OSK became Insiders also. So OSK files on SEDI their purchases within 5 days as required. They also have to file an updated Early Warning report depending on events. Today they filed as they moved upward their position by greater than 2% which triggers requirement to file (maybe they have to file any change within 5 days after month end?). Anyway its kind of interesting they only went up to 18.1%. Perhaps they can sneak up to 19.9% now without tripping the 2% move to file another Early Warning right away. However, they still file regular SEDI within 5 days of trade so have to keep an eye on it........