Spartan Delta Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OTCPK:DALX.F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
22 Jan 26	SellUS$51	OJay Platt	Individual	8	US$6.38
09 Jan 26	BuyUS$144,706	Ronald Williams	Individual	26,811	US$5.40
07 Jan 26	SellUS$263,670	Ronald Williams	Individual	50,000	US$5.27
08 Apr 25	BuyUS$35,226	Martin Malek	Individual	17,700	US$1.99
08 Apr 25	BuyUS$17,074	Fotis Kalantzis	Individual	9,000	US$1.90

Insider Trading Volume

Insider Buying: DALX.F insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of DALX.F?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,933,835	0.964%
Individual Insiders	29,306,013	14.6%
Institutions	40,247,914	20.1%
General Public	129,023,186	64.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 36.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.5%	Connor, Clark & Lunn Investment Management Ltd.	21,125,071	US$142.1m	651%	0.4%
6.74%	Fotis Kalantzis	13,521,586	US$91.0m	-0.04%	no data
3.54%	Richard McHardy	7,089,174	US$47.7m	0%	no data
1.72%	Forge First Asset Management Inc.	3,443,600	US$23.2m	0%	5.49%
1.42%	GMT Capital Corp.	2,852,673	US$19.2m	-5.84%	0.59%
1.32%	American Century Investment Management Inc	2,638,279	US$17.7m	13.3%	0.01%
1.13%	Donald Archibald	2,274,603	US$15.3m	0%	no data
1.12%	Reginald Greenslade	2,241,925	US$15.1m	0%	no data
1.11%	Horos Asset Management, SGIIC, S.A.	2,226,847	US$15.0m	0%	6.29%
0.98%	Mackenzie Financial Corporation	1,971,122	US$13.3m	4.65%	0.01%
0.98%	IG Investment Management, Ltd.	1,955,507	US$13.2m	13.6%	0.03%
0.96%	GMT Exploration Company LLC	1,933,835	US$13.0m	0%	no data
0.95%	Kevin Overstrom	1,905,600	US$12.8m	0%	no data
0.67%	Dimensional Fund Advisors LP	1,338,892	US$9.0m	-8.89%	no data
0.51%	1832 Asset Management L.P.	1,022,390	US$6.9m	0%	0.01%
0.49%	Tamara MacDonald	979,693	US$6.6m	0%	no data
0.42%	CIBC Asset Management Inc.	845,700	US$5.7m	10.3%	0.01%
0.31%	Universal Investment GmbH	629,050	US$4.2m	0%	0.01%
0.21%	Ronald Williams	411,888	US$2.8m	-4.8%	no data
0.19%	Martin Malek	384,693	US$2.6m	0.63%	no data
0.18%	Randy Berg	354,324	US$2.4m	0.74%	no data
0.16%	Canada Life Investment Management Ltd.	318,288	US$2.1m	-27.8%	0.08%
0.15%	CQS (UK) LLP	296,565	US$2.0m	0%	0.32%
0.14%	Middlefield Capital Corporation	290,000	US$2.0m	0%	0.12%
0.11%	TD Asset Management, Inc.	211,306	US$1.4m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/02 12:35
End of Day Share Price	2026/01/30 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spartan Delta Corp. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick O'Rourke	ATB Cormark
Jeremy McCrea	BMO Capital Markets Equity Research
Randy Ollenberger	BMO Capital Markets Equity Research