Stock Buybacks
By The Online Investor Staff, updated Fri., Apr. 19, 3:01 PM
| This Slide: #24 of 25 |
Slide #24. Kenorland Minerals Ltd.
Company:
Kenorland Minerals Ltd. (CVE:KLD.CA)
Share Amount Authorized:
3,218,420
Buyback Details:
Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice to implement a normal course issuer bid (the "NCIB"). The NCIB will commence on April 8, 2024 and terminate on the earliest to occur of (i) April 7, 2025, (ii) the date on which the maximum number of Shares that can be acquired pursuant to the NCIB have been purchased, or (iii) such earlier date on which the Company provides notice of termination of the NCIB. Under the NCIB, Kenorland may purchase up to 3,218,420 common shares of the Company (the "Shares"), which represents approximately 5% of the Shares outstanding as at February 14, 2024. Over any 30-day period, Kenorland will not purchase more than 1,287,368 Shares in total, which represents 2% of the Shares issued and outstanding as of March 15, 2024.
Kenorland Minerals is engaged in the acquisition and exploration of precious metal mineral properties in North America. Co. owns or has options to acquire further interest in various projects in Manitoba, Ontario and Quebec, Canada and Alaska, U.S. Co.'s primary properties are the Frotet project (Quebec, Canada), the Tanacross project (Alaska, U.S.), and the Healy project (Alaska, U.S.). 
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