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Till Capital Corp
Symbol	TIL
Shares Issued	3,191,462
Close 2021-09-08	C$ 6.77
Market Cap	C$ 21,606,198
Recent Sedar Documents

Till to buy back up to 253,600 shares under NCIB

2021-09-17 16:12 ET - News Release

Subject: Till News Release - TILL CAPITAL CORPORATION ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID PDF Document File: Attachment TIL 2021.09.17 NR 21-08NCIB_final.pdf NEWS RELEASE TSXV: TIL September 17, 2021 NR 21-08 www.tillcap.com TILL CAPITAL CORPORATION ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID British Columbia, Canada, September17, 2021: Till Capital Corporation (TSXV: TIL) ("Till"), announces that the TSX Venture Exchange ("TSXV") has approved Till'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% of the 2,536,988 shares forming Till's public float. As of September 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 September 24, 2021 to September 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 who 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 TSXV 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 TSXV 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. Reported by: Brian P. Lupien Chief Executive Officer (208) 635-5415 Till Capital Corporation Till Capital Corporation is the parent company of wholly owned subsidiary Omega Insurance Holdings Inc. which owns Omega General Insurance Company, a Canadian insurance company offering innovative and customized insurance industry solutions, including fronting and run-off services for insurers/reinsurers, within the Canadian marketplace. Omega Insurance Holdings Inc. also operates Focus Group Inc., a consulting and project management company servicing the local and international needs of its Property Casualty Insurance clients. Till Capital Corporation, through its wholly-owned U.S. subsidiaries, owns the Springer Tungsten Mine & Mill near Winnemucca, Nevada and is a partial owner of IG Tintic LLC, a private company which, through a U.S. subsidiary, controls a substantial land package of surface and mineral rights in the East Tintic Mining District near Eureka, Utah, and of IG Far East LLC, a private company with the controlling interest in a joint venture that owns the Durmin gold property in the Russian Far East. Till Capital Corporation is also the majority shareholder of Silver Predator Corp. (TSXV: SPD) and owns various mineral royalties and exploration property option agreements For additional information: Till Capital Corporation 208-635-5415 info@tillcap.com www.tillcap.com Cautionary Note At this time, Till has no current plans to provide earnings guidance due to the volatility of investment returns. The Till Capital shares are restricted voting shares, whereby no single shareholder of Till Capital is able to exercise voting rights for more than 9.9% of the voting rights of the total issued and outstanding Till Capital shares (the "9.9% Restriction"). However, if any one shareholder of Till Capital beneficially owns, or exercises control or direction over, more than 50% of the issued and outstanding Till Capital shares, the 9.9% Restriction will cease to apply to the Till Capital shares. This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Till Capital or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Trading in the securities of Till Capital should be considered speculative. Cautionary Statement Regarding Forward Looking Information Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Till will obtain from them. In particular, Till cautions that the completion of the proposed transactions cannot be predicted with certainty, and that there can be no assurance at this time that the proposed transactions will be completed in the manner noted above or at all. These forward- looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause Till's actual results to differ materially from those expressed or implied by the forward- looking statements, as well as other factors beyond Till's control. Till does not undertake to update any forward-looking information, except in accordance with applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.