Stock BuybacksBy The Online Investor Staff, updated Sat., May. 8, 6:35 AM
|This Slide: #14 of 25|
Slide #14. ZoomAway Technologies Inc.
ZoomAway Technologies Inc. (CVE:ZMA.CA)
Share Amount Authorized:
ZoomAway Technologies Inc. (TSXV:ZMA) (OTCQB:ZMWYD) (the "Company" or "ZMA") www.zoomaway.com announces that it intends to file with the TSX Venture Exchange (the "TSXV") a Notice of Intention to Make a Normal Course Issuer Bid. Pursuant to the proposed normal course issuer bid (the "NCIB"), the Company proposes to purchase for cancellation up to an aggregate of 852,001 of its issued and outstanding common shares, representing 5% of the Company's current issued and outstanding common shares. The implementation of the NCIB remains subject to the approval of the TSXV.
ZoomAway Technologies was engaged in the provision of subscription television service in Bolivia. Co. is in the process of evaluating other industries and business opportunities in order to determine the focus of its future business.
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