Revett Minerals, Wexford Capital: Charles Davidson‘s Wexford Capital, a couple of minutes ago, disclosed two moves made into Revett Minerals Inc. (TSE:RVM), and Arno Therapeutics Inc (OTCMKTS:ARNI). Yesterday, Wexford sold some shares from its Revett Minerals holding. In a Form 4 filing with the SEC, Wexford reported selling 837,675 shares of the company at a price of $0.6882 apiece. Following the transaction, Wexford holds around 2.7 million shares.
At the same time, Wexford Capital reported initiating a passive stake in Arno Therapeutics. The position involves over 3.7 million shares, which represent 9.32% of the company.