Mr. Brian Lupien reports
TILL CAPITAL CORPORATION ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
The TSX Venture Exchange has approved Till Capital Corp.'s notice of intention to make a normal
course issuer bid (NCIB).
Pursuant to the NCIB, Till may purchase up to 253,600 common shares, representing 10 per cent of the
2,536,988 shares forming Till's public float. As of Sept. 1, 2021, there were 3,191,462 shares of Till
outstanding. Purchases are to be made through the facilities of TSX Venture Exchange or other recognized
marketplaces during the period from Sept. 24, 2021, to Sept. 23, 2022.
The board of directors of Till believes that, from time to time, Till's common shares do not give full effect
to their underlying value and that, accordingly, the purchase of common shares under the NCIB will
increase the proportionate share interest of, and be advantageous to, all remaining shareholders. Till also
believes the NCIB purchases will provide increased liquidity to current shareholders that would like to sell
their shares. Purchased shares will be returned to treasury and cancelled. The bid will commence no
earlier than three trading days following receipt of approval of the TSX-V and will terminate one year from
such date, or such earlier time as the applicable bid is completed or at the option of Till. Purchases subject
to the bid will be carried out pursuant to open market transactions through the facilities of the TSX-V by
Haywood Securities Inc., on behalf of Till.
Under a prior normal course issuer bid, which commenced on May 11, 2020, Till purchased zero common
shares through open market purchases.
We seek Safe Harbor.
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