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Wexford Makes Two Thursday Afternoon Moves: Revett & Arno Therapeutics

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.

revett

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.

Disclosure: none

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