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Manitok Energy Inc Announces Amendment To Normal Course Issuer Bid


Monday, 28 Jan 2013 05:34pm EST 

Manitok Energy Inc announced that it has received the approval of the TSX Venture Exchange (the Exchange) to amend its normal course issuer bid (the Bid). The amendment to the Bid (the Amendment) permits Manitok to increase the number of common shares in the capital of Manitok (Common Shares) that may be repurchased under the Bid. All other terms of the Bid remain unchanged. Prior to the Amendment, Manitok had approval to repurchase up to 4,435,055 Common Shares, representing 10% of Manitok's Public Float (as defined in the Exchange Corporate Finance Manual) as at May 29, 2012, during the 12-month period beginning June 18, 2012. After the Amendment, Manitok has approval to repurchase an aggregate of up to 5,800,000 Common Shares, representing 10% of Manitok's Public Float as at December 31, 2012, during the 12-month period beginning June 18, 2012, an increase of up to 1,364,945 Common Shares. The maximum number of Common Shares that may be repurchased by Manitok will not exceed 10% of Manitok's Public Float. 

Company Quote

2.78
0.03 +1.09%
19 Aug 2014