Since debuting on the TSX last December, Element Financial Corp. has been growing its assets. The firm has boosted its net financial receivables from $231.5-million to $809.9-million through a combination of organic growth and a major acquisition. The company has also beefed up its team. In August, it appointed Bradley Nullmeyer as president of North American operations. On Sept. 10, he bought 280,000 shares in the public market at a $6 average. He now holds 518,095 shares. On Aug. 30, another officer bought 4,300 shares at $5.79.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
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