15:51:16 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Lynden Energy Corp
Symbol LVL
Shares Issued 130,198,411
Close 2015-06-23 C$ 0.475
Market Cap C$ 61,844,245
Recent Sedar Documents

Lynden Energy to buy back up to 6.5 million shares

2015-06-24 09:11 ET - News Release

Mr. Colin Watt reports

LYNDEN REPORTS INTENTION TO UNDERTAKE A NORMAL COURSE ISSUER BID

Lynden Energy Corp. has received approval from the TSX Venture Exchange to conduct a normal course issuer bid to purchase for cancellation up to 6.5 million of its common shares, representing approximately 5 per cent of its issued and outstanding share capital. The normal course issuer bid will be conducted through the facilities of the TSX Venture Exchange.

The share repurchase is being launched because management is of the view that the company's stock is significantly undervalued. Purchases under the normal course issuer bid may be made any time during the 12-month period beginning on June 29, 2015, and ending on June 28, 2016. Purchases will be made through Haywood Securities Inc.

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