Stock Buybacks
By The Online Investor Staff, updated Thu., Mar. 28, 8:02 AM
Slide #3. Orecap Invest Corp.
Company: |
Orecap Invest Corp. (CVE:OCI.CA) |
Share Amount Authorized: |
23,316,772 |
Buyback Details: |
Orecap Invest Corp. _(TSXV: OCI) ("Orecap" or the "Company") _is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the "TSXV") to _conduct a Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period _starting April 2, 2024, up to 23,316,772 of the outstanding common shares of the Corporation (the __"Common Shares"), representing 10% of the Public Float (as defined by the TSXV). The program will end on _April 1, 2025 unless the maximum amount of Common Shares is purchased before then or Orecap _provides earlier notice of termination._ |
Orecap Invest is an exploration stage company engaged in the exploration and development of exploration and evaluation assets in Canada. Co. has not yet determined whether its resourse properties contains economically recoverable reserves. Recoverability of the carrying amount of any exploration and evaluation assets is dependent on successful development and commercial exploitation, or alternatively, sale of the respective areas of interest. Open the OCI.CA Page at The Online Investor »
Open the OCI.CA Page at The Online Investor (in a new window) »
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March 28, 2024 8:02 AM Eastern
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