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OrganiGram Holdings (T:OGI) has multiple insider buying

Chart shows all insider (exclusing issuers) public market transactions of directly and indirectly held equity securities as reported in SEDI
Published Thursday May 07, 2015 12:00 AM EDT
OrganiGram Holdings Inc. (OGI) has a high amount of executive buying compared to its micro-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $161,865.Denis Joseph Robert Arsenault, a Senior Officer, Director and 10% Holder executive, acquired 229,500 Common Shares on a direct ownership basis at prices ranging from $0.490 and $0.520 through the public market between May 5th, 2015 and May 6th, 2015. This represents a $112,890 investment into the company's shares and an account share holdings change of 4.0%.

Roger Arnold Rogers, a Senior Officer and Director, acquired 95,000 Common Shares on a direct ownership basis at prices ranging from $0.507 and $0.525 through the public market on May 6th, 2015. This represents a $48,975 investment into the company's shares and an account share holdings change of 90.0%.

OrganiGram Holdings Inc., formerly Inform Exploration Corp. is a Canada-based holding company. The Company, through its subsidiary, OrganiGram Inc. is engaged in the licensed production of medical marihuana. The OrganiGram suite of Medical Marijuana consists of fourteen strains of marijuana, such as Mongolian, AK-47, B.C. Godbud and CBD Critical Mass. OrganiGram's facility is located in Moncton, New Brunswick.

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