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Roadmap Capital Takes a Passive Stake at IntelGenx Worth 11.8%

Roadmap Capital, IntelGenx: Just now, the newly founded Roadmap Capital reported it is establishing a position in IntelGenx Technologies Corp. (OTCMKTS:IGXT). In a filing with the SEC, Roadmap disclosed a passive stake that comprises over 6.2 million shares of the company, worth almost $3.3 million, at the current share price of IntelGenx. The position represents around 11.8% of the company.

Roadmap Capital has been founded by the former vice-president and portfolio manager at the Canadian-based hedge fund BluMont Capital.


Disclosure: none