Canada Growth Fund Inc., 10% holder of Generation Mining Limited (TSX:GENM), picked up 138,950,000 Common Shares at an average of $0.64 — a $88.9M buy on Sep 21, 2026.
They still hold 138,950,000 shares — a stake worth roughly $83.4M at the time of writing.
GENM shares were trading around $0.60, down 1.6% in the latest session, down 12% over the past three months, and down 26% this year. The stock has ranged from $0.47 to $0.91 over the past 52 weeks, and still trades 34% below that high. The insider's average price of $0.64 is 7% above where the stock traded when this was written.
