Northwire Canada EditionSaturday, July 11, 2026
Northwire
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M&A / Property Material +

G. Scott Paterson Acquires Additional FUTR Shares Triggering Early Warning Requirements

FUTR Chairman Boosts Stake at Premium to Financing, Signaling Turnaround Confidence

Executive Summary

On May 25 2026, Chairman G. Scott Paterson acquired an additional 4,071,000 common shares of The FUTR Corporation at an average price of $0.25 per share. This comprised 2,500,000 units purchased in the recently closed $0.20 private placement and 1,571,000 shares bought in the open market between $0.20 and $0.25. Following the purchases, Paterson owns 14,425,103 shares, representing roughly 10 % on a non‑diluted basis and 12.3 % partially diluted. He acquired the open‑market portion at a premium to both the $0.20 placement price and the prevailing $0.21 market price, signaling strong conviction in the company’s prospects.

Material Impact

The insider buy is material because it comes from the Chairman, who just participated in the $4.75 M financing at $0.20 and then chose to buy more shares in the open market at up to $0.25 – a 23 % premium to the placement and a 19 % premium to the last trading price. For a micro‑cap stock that has been in a steady downtrend, a large purchase by its top insider at above‑market prices is a robust vote of confidence. It directly contradicts the market’s pessimism and suggests that management sees significant undervaluation. The move also follows a series of positive operational announcements (record dealer signings, EQIBank JV, Payments 2.0 launch) and the closing of the $4.75 M financing, effectively putting a floor under the stock. While not a “game changer” under the strategic‑investor rule (Paterson is already a large insider), the open‑market premium buy is a genuine, unexpected positive signal capable of reversing negative sentiment.

FTRC · Price
Company Overview

The FUTR Corporation (TSXV:FTRC / OTCQB:FTRCF) is a fintech platform aiming to become an AI‑agent‑native digital bank. Its flagship product, FUTR Payments 2.0, provides bi‑weekly loan‑payment optimization to auto dealers in the U.S., generating recurring revenue. The company has ~182 active dealers, recently secured partnerships with NYSADA (~1,000 dealers) and Tax Max (>3,000 dealers), and has connectivity to 70 % of U.S. franchised dealers. It is building an AI Agent App that will offer multi‑currency accounts, yield generation, stablecoin issuance, crypto lending, and insurance – all powered by a joint venture with EQIBank (FUTR holds 75 %). The commercial launch of the JV is targeted for H2 2026. FUTR also partners with Realbotix for physical AI‑agent interfaces and with Zonetail for rent‑reporting in Canada.

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