A SEDI filing shows Alkane Resources senior officer Nicholas Earner sold 2,000,000 shares worth $3.9 million on September 4, 2026, cutting his stake by 34%.
What the filing shows
Nicholas Earner, a senior officer of Alkane Resources Limited (TSX:ALK), sold 2,000,000 shares of the company at an average price of $1.95 per share, according to a filing on SEDI (System for Electronic Disclosure by Insiders). The transaction, valued at $3.9 million, took place on September 4, 2026, and was reported to SEDI on September 10, 2026.
Following the sale, Earner's reported holdings stood at 3,953,194 shares, a reduction of 34% from his prior position, according to the filing.
SEDI is the online system where insiders of Canadian public companies, including directors, senior officers and holders of more than 10% of a company's voting rights, are required to report trades in their company's securities. Insiders generally must file such reports within five calendar days of a transaction.
Nicholas Earner's trading at Alkane Resources Limited
The September 4, 2026 sale was Earner's only reported sale transaction at Alkane Resources Limited over the past 12 months, according to SEDI records, with the total value of that activity amounting to $3.9 million.
No other transactions by Earner at the company were listed in the SEDI records covering the past year, according to the filing.
Other insider activity at Alkane Resources Limited
Another senior officer of the company, Christopher Thornton Myles Davis Davis, also sold shares in the 30 days before the filing, with a total value of $1.6 million, according to SEDI records. That insider's latest reported trade date was also September 4, 2026.
Over the past 12 months, five insiders at Alkane Resources Limited reported purchases totaling $81.8 million, while six insiders reported sales totaling $51.8 million, according to SEDI. In the 90 days before this filing, there was one insider trade report of $100k or more involving a sale, and none involving a purchase, according to the records.
The activity by Earner and Davis, both senior officers, accounted for a portion of the broader pattern of insider sales reported at the company during the period covered by SEDI's records.
Alkane Resources Limited on the public record
The insider trading activity described in this article was drawn from SEDI filings, which form part of the broader public record on Canadian companies alongside federal proactive disclosure of contracts and grants, lobbying registrations under the federal Lobbying Act, and financial disclosures filed by members of Parliament and senators with the Office of the Conflict of Interest and Ethics Commissioner.
No federal contract, grant, lobbying registration or parliamentary financial disclosure records related to Alkane Resources Limited were included in the fact sheet for this filing.
