Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: S&P Capital IQ Quantitative Report
$104.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Executives Acquire Westaim Corp Shares From AIMCo


Friday, 16 Aug 2013 04:00pm EDT 

Messrs. Ian W. Delaney, J. Cameron MacDonald and Robert. T. Kittel (the Executives) announced that they have directly or indirectly acquired an aggregate of 307,800,000 common shares (Shares) of Westaim Corp (Westaim) from 1523488 Alberta Ltd. (Holdco) and Her Majesty the Queen in Right of the Province of Alberta (HMQ). The investment portfolios of Holdco and HMQ are managed by the Alberta Investment Management Corporation (AIMCo). The Shares acquired by the Executives represent approximately 44.3% of the total number of issued and outstanding Shares and were acquired at a price of $0.03 per Share. Mr. Delaney, a director and Chairman of the Board of Westaim, directly acquired an aggregate of 162,800,000 Shares from Holdco. Prior to this acquisition, Mr. Delaney beneficially owned or exercised control or direction over a total of 16,642,866 Shares and had options to acquire an additional 300,000 Shares. Accordingly, following the acquisition, Mr. Delaney beneficially owns or exercises control or direction over a total of 179,442,866 Shares and has options to acquire an additional 300,000 Shares. Assuming the exercise in full of the options, Mr. Delaney will beneficially own or exercise control or direction over a total of 179,742,866 Shares, representing approximately 25.84% of the total number of issued and outstanding Shares (following the exercise of the options). 

Company Quote

3.0
0.02 +0.67%
14 Jul 2014