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WiLan Inc Approves Plan for Normal Course Issuer Bid

Wednesday, 6 Mar 2013 09:38am EST 

WiLan Inc announced that its Board of Directors has approved the adoption of a normal course issuer bid (NCIB) to purchase for cancellation up to 11,847,430 issued and outstanding common shares (Shares) representing approximately 10% of the 118,474,299 Shares in the public float as of February 28, 2013 through the facilities of the Toronto Stock Exchange (TSX). The NCIB is subject to obtaining requisite regulatory approvals including filing notice with the TSX. The NCIB is expected to commence on March 11, 2013 after WiLAN receives regulatory approval and will expire on March 10, 2014. 

Company Quote

0.01 +0.34%
24 Dec 2014