Pender
Pender Alternative Special Situations Fund
Jul 2026 → Jul 2026
Our archive holds 1 letter from this strategy, behind 3 investment theses and positions in 3 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Pender for every strategy.
What it bought and sold
- AddedTelesat Corp.Jul 2026
we added to our Telesat position in anticipation of a positive announcement related to an agreement in principle to provide Ka-band connectivity to the Canadian Armed Forces, which came to fruition early in the month.
Also held
- McDermott International Ltd.
- Neo Performance Materials Inc.
- Kraken Robotics Inc.
- MDA Space Ltd.
- 5N Plus Inc.
- Blue Moon Metals Inc.
Its investment theses
- Blue Moon Metals Inc.Jul 2026Blue Moon Metals Inc. is a critical-minerals company that the fund believes can benefit from strong structural demand and constrained supply.
- 5N Plus Inc.Jul 20265N Plus Inc. is a critical-minerals exposure that the fund favors for its positioning in a sector with attractive demand growth and supply constraints.
- Neo Performance Materials Inc.Jul 2026Neo Performance Materials Inc. is a critical-minerals business positioned to benefit from structural demand growth and constrained supply.