Volume: 7.5m?The cross was executed on Nasdaq. Explains the 7.5m vol in Toronto.
ARC has brought its holdings from 11+% to under 10%. That exempts them from insider reporting obligations.
I include the para contained in the ARC announcement:
ARC continues to hold a significant equity stake in the Corporation and believes they are well positioned for future value creation given its high-quality asset base.
Cheers!