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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