Cobra Venture Announces Normal Course Issuer Bid
16 11월 2010 - 8:16AM
Marketwired
Cobra Venture Corporation ("Cobra" or the "Corporation") (TSX
VENTURE: CBV) announces that it has filed with the TSX Venture
Exchange a Notice of Intention to Make a Normal Course Issuer Bid
which shall commence on December 1, 2010 and terminate on November
30, 2011 or the earlier of the date all of the shares which are
subject to the Normal Course Issuer Bid are purchased.
In the opinion of the board of directors of Cobra, the market
price of the common shares of the Corporation does not accurately
reflect the value of those shares. As a result, Cobra's common
shares may continue to become available for purchase at prices
which make them an appropriate use of funds of the Corporation.
The Corporation intends to attempt to acquire up to an aggregate
of 847,037 of its common shares over the next 12 month period
representing approximately 5% of the issued and outstanding common
shares of the Corporation. There were 17,440,748 common shares of
the Corporation issued and outstanding as of November 12, 2010.
Purchases subject to this Normal Course Issuer Bid will be
carried out pursuant to open market transactions through the
facilities of the TSX Venture Exchange by McIver Wealth Management
Consulting Group, Richardson GMP Limited on behalf of Cobra. All
common shares of the Corporation purchased by Cobra under the
Normal Course Issuer Bid will be returned to treasury and
cancelled.
Neither 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.
Contacts: Cobra Venture Corporation Daniel B. Evans, President
and CEO (604) 922-2030 Canadian Toll Free: 1-888-888-9122 US Toll
Free: 1-888-888-9123 www.cobraventure.com
Cobra Venture (TSXV:CBV)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Cobra Venture (TSXV:CBV)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
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