Mr. Dean Swanberg Announces Disposition of Securities of Zedcor Inc.
Rhea-AI Summary
Dean Swanberg has announced the disposition of 1,000,000 common shares of Zedcor Inc. (TSXV:ZDC) through a private transaction on July 9, 2025. The shares were sold at $4.15 per share, totaling $4,150,000.
Following the transaction, Swanberg's ownership position decreased from 20,000,000 shares (19.0%) to 19,000,000 shares (18.1%) of Zedcor's outstanding common shares on a non-diluted basis. The disposition was made for investment purposes, and Swanberg may continue to trade Zedcor securities based on market conditions.
Positive
- None.
Negative
- Major shareholder reduced position by 1 million shares, potentially signaling decreased confidence
- The private transaction of $4.15 million worth of shares could impact stock liquidity
News Market Reaction – ZDCAF
On the day this news was published, ZDCAF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Grande Prairie, Alberta--(Newsfile Corp. - July 9, 2025) - Mr. Dean Swanberg announces that on July 9, 2025, he disposed of ownership over 1,000,000 common shares (the "Common Shares") of Zedcor Inc. ("Zedcor") through a private transaction. Each share was sold at
As a result of the foregoing, Mr. Swanberg now beneficially owns and has direction or control over a total of 19,000,000 Common Shares of Zedcor, representing
Prior to the disposition of Common Shares, Mr. Swanberg held or had control or direction over 20,000,000 Common Shares, representing approximately
The securities were sold for investment purposes. Mr. Swanberg may from time to time, depending on market conditions and other factors, acquire additional securities of Zedcor, or continue to hold or dispose of some or all of the securities of Zedcor directly or indirectly held by him in the open market, by private agreement or otherwise.
For further details regarding the disposition of the Common Shares described above, see the Early Warning Report dated July 9, 2025 available on Zedcor's SEDAR+ profile.
The address of Zedcor is 300, 151 Canada Olympic Road SW, Calgary, Alberta T3B 6B7. The address of Mr. Swanberg is 720058 Range Road 51, County of Grande Prairie No. 1, Alberta T8X 4G1.
FOR FURTHER INFORMATION OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED IN CONNECTION WITH THIS MATTER, PLEASE CONTACT:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258347