Key Developments: Phoscan Chemical Corp (PCCLF.PK)
0.25USD
24 May 2013
$0.01 (+3.66%)
$0.24
$0.25
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2,000
13,562
$0.31
$0.23
Latest Key Developments (Source: Significant Developments)
Phoscan Chemical Corp Announces Renewal Of Normal Course Issuer Bid
Phoscan Chemical Corp announced that it intends to renew its normal course issuer bid (the Renewed Bid) for an additional one year period. Under the Renewed Bid, PhosCan may repurchase up to 12 million of its common shares, representing approximately 9.4% of the public float of PhosCan. As of October 15, 2012, there were 167,641,228 issued and outstanding common shares of PhosCan. Purchases will be made through the facilities of the TSX and other designated exchanges and published markets in Canada at the prevailing market price of the shares. All shares purchased under the Bid will be cancelled. PhosCan has in place a normal course issuer bid which expires October 17, 2012 (the Existing Bid). During the past year, PhosCan has purchased an aggregate of 5,056,000 common shares under the Existing Bid. Full Article
Phoscan Chemical Corp Announces Normal Course Issuer Bid
Phoscan Chemical Corp announced that it intends to commence a normal course issuer bid to repurchase up to 12 million of its common shares, representing approximately 8.8% of the public float of PhosCan. As of October 12, 2011, there were 172,581,228 issued and outstanding common shares of PhosCan. Purchases will be made through the facilities of the Toronto Stock Exchange (TSX) or alternative Canadian trading platforms at the prevailing market price of the shares. All shares purchased under the Bid will be cancelled. Full Article
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