Robert George Cihra, director of The Western Investment Company of Canada Limited (TSXV:WI), bought 2,000,000 Common Shares via a private placement at an average of $1.00, a $2.0M purchase on Nov 3, 2026, disclosed Nov 5, 2026.
The purchase increased the holding through Indemnity National Insurance Company by about 31%. Cihra now holds 8,500,000 shares through Indemnity National Insurance Company, worth about $10.5M at the Nov 4, 2026 close. 4 other insiders at the company also bought in the 7 days to Nov 5, 2026.
WI closed at $1.23 on Nov 4, 2026, up 17% over the prior three months. In the 52 weeks to that date it closed between $0.56 and $1.25, and that close was within 2% of the high. The average price was 20% below the Nov 3, 2026 close.
