GMT Capital owns 16% of GTE shares. Question is why ? 11:48AM ET on Wednesday Jun 20, 2018 by GlobeNewswire
Pursuant to the early warning requirements of applicable securities laws, GMT Capital Corp. ("GMT") announces that effective May 29, 2018, certain of its hedge fund and private client managed accounts acquired an aggregate of 354,100 shares of common stock ("Common Shares") of Gran Tierra Energy Inc. ("Gran Tierra") over the facilities of the Toronto Stock Exchange at a price of USD$3.15 per share. GMT has previously reported holdings on behalf of its hedge fund and private client managed accounts of 52,695,106 Common Shares representing approximately 13.62% of the issued and outstanding Common Shares. GMT's hedge fund and private client managed accounts currently hold an aggregate of 61,781,606 Common Shares representing approximately 16.03% of the issued and outstanding Common Shares.