The catalyst report · Monday, July 20, 2026
What went up, and what took it there
The Canadian small-caps that finished green on this session: catalysts whose reaction paid, insiders sitting above what they paid, and the day’s biggest advances on real volume. Releases carry a date but no time, so each catalyst move is measured from the last close before the event through the close of the session after it — capturing the reaction whether the news broke mid-session or after the bell.
- Catalysts paid
- 3
- Tickers
- 3
- Median gain
- +5.0%
- Insiders up
- 6
Catalysts that paid
Ordered by the size of the gain, biggest first. Events that closed flat or red aren't shown.
Calculated hold expiry from: SATO Technologies Corp. Announces Upsize of Private Placement to $1.4 Million and Closes First Tranche Backed by Management and Insiders - TMX Newsfile
New Stratus Energy Announces Increased Private Placement - TMX Newsfile
next +3.3%
MINILUXE ANNOUNCES PROPOSED SHARES FOR DEBT ISSUANCE - GlobeNewswire
Winners by event type
Green outcomes only, this session. n counts the event type's winners, not its events — samples are small by nature, so read n before the median.
| Event type | n | Median gain | Best |
|---|---|---|---|
| Financing Announced | 2 | +3.2% | +5.0% |
| Calculated Hold Expiry | 1 | +31.8% | +31.8% |
Insiders in the green
Open-market buys made in the last 90 days that are now trading above the insider's share-weighted average price. Option exercises, grants and issuer buybacks are excluded — only cash purchases by people count.
John Joseph Byrne bought at an average $0.231 → last close $0.320
John LaGourgue bought at an average $0.260 → last close $0.360
Trevor Williams bought at an average $0.150 → last close $0.200
Andrew H. Rees bought at an average $0.130 → last close $0.170
Lee Q. Shim bought at an average $0.180 → last close $0.235
Michael Kosowan bought at an average $0.180 → last close $0.230
Volume gainers
The session's biggest advances among names that traded real money — a 40% move on $300 of volume is a print, not a market.
Coming up · next 7 days
Hold-period expiries and announced financings dated ahead. Expiries only appear once the financing behind them was already public.
| 2026-07-21+1d | SVE.V | Warrant Exercise | $0.385 |
| 2026-07-21+1d | BBB.V | Capital Markets Event | $0.650 |
| 2026-07-21+1d | PNTR.V | Warrant Exercise | $0.300 |
| 2026-07-21+1d | NXH.V | Calculated Hold Expiry | $0.490 |
| 2026-07-21+1d | USS.V | Warrant Exercise | $0.670 |
| 2026-07-21+1d | TWR.V | Warrant Exercise | $0.160 |
| 2026-07-21+1d | CTV.V | Warrant Exercise | $0.115 |
| 2026-07-21+1d | SEGN.V | Warrant Exercise | $0.280 |
| 2026-07-21+1d | FOBI.V | Calculated Hold Expiry | — |
| 2026-07-21+1d | BWLK.V | Private Placement | $0.035 |
| 2026-07-21+1d | OCAL.V | Financing Closed | — |
| 2026-07-21+1d | DELX.V | Calculated Hold Expiry | $0.015 |
| 2026-07-21+1d | LALI.V | Warrant Exercise | $0.050 |
| 2026-07-22+2d | BMR.V | Financing Announced | $0.140 |
| 2026-07-22+2d | HPQ.V | Financing Announced | $0.160 |
| 2026-07-22+2d | LOD.V | Warrant Exercise | $0.300 |
| 2026-07-22+2d | NICE.V | Warrant Event | $0.430 |
| 2026-07-22+2d | UTWO.V | Warrant Exercise | $0.430 |
| 2026-07-22+2d | OC.V | Financing Announced | $0.110 |
| 2026-07-22+2d | SGU.V | Warrant Exercise | $0.035 |
32 more on the catalyst calendar.
This issue reports winners only: catalysts that closed green, insiders who are up, and names that rose on the session. The events, buys and moves that went the other way are filtered out, so nothing here is a hit rate or a representative sample of how these setups usually turn out.
Information only — not investment advice, and not a recommendation to buy or sell any security. Event data is extracted automatically from public releases and may be incomplete, delayed or misattributed to the wrong issuer; verify against the company’s own filings before acting.

