Transoceanic Investments Chairman Increases Stake with Share Purchase

On September 22, Transoceanic Investments' chairman, Fahad Al-Tamimi, purchased six million shares at C$0.065 per share for a total of C$390K. This acquisition increased his direct ownership in the company to approximately 19.43%, or 32.9 million shares. The purchase reflects confidence from one of Transoceanic Investments' top stakeholders, potentially signaling positive sentiment toward the firm's future performance and strategic direction.

By Sara Sethiya, SA News Editor · Seeking Alpha ·

Transoceanic Investments Chairman Increases Stake with Share Purchase

Tickers: $OCEN

Topics: insider buying ownership stake share purchase

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