Off-market insider net buying at Tony G Co-Investment (C:TONY)

Gateway Capital Investments Inc., a 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.600 through a prospectus or prospectus exempt offering on April 19th, 2024. The insider also acquired 2,000,000 Warrants with an exercise price of $0.750 for one year. This represents a $1,200,000 investment into the company's shares and an account share holdings change of greater than 100%.

UGA Holding Limited, a 10% Holder, also acquired 2,000,000 Common Shares and 2,000,000 Warrants on a direct ownership basis. This also represents a $1,200,000 investment into the company's shares and an account share holdings change of greater than 100%.

Tony G Co-Investment is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Tony G Co-Investment Holdings Ltd. is a Canada-based investment holding company. The Company is focused on investments in companies operating in the blockchain, cryptocurrency, payment processing, syndicated credit, online commerce, and online gambling industries, including companies or other entities that service such industries (the Sectors). The Company's investment objectives are to opportunistically invest in a portfolio of companies operating in the sectors, assist the portfolio companies in the development and growth to the extent possible through the provision of capital, subject to the availability of funding, and financial and operational advice. Its portfolio companies include Sportclothes UAB (Sportclothes) and News 3.0 Limited (Cryptonews). Tony G Co-Investment Holdings Ltd. (TONY) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, two insiders have invested a net amount of $2,400,000.