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CES ENERGY SOLUTIONS CORP. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND PROVIDES Q2 CONFERENCE CALL DETAILS
CES ENERGY SOLUTIONS CORP. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND PROVIDES Q2 ...
About this update from Ces Energy Solutions Corp
[{"type":"text","content":"\n \n \n \n CES ENERGY SOLUTIONS CORP. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND PROVIDES Q2 CONFERENCE CALL DETAILS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n July 14, 2022\n \n \n /CNW/ -\n \n CES Energy Solutions Corp.\n \n (\"\n \n CES\n \n \" or the \"\n \n Corporation\n \n \") (TSX: CEU) (OTC: CESDF) is pleased to announce that the Toronto Stock Exchange (the \"\n \n TSX\n \n \") has accepted CES' notice of its intention to implement a normal course issuer bid (\"\n \n NCIB\n \n \").  The NCIB effectively renews the existing NCIB which is scheduled to terminate on\n \n July 20, 2022\n \n .\n \n \n \n \n \n \n \n \n \n CES' Board of Directors and management continue to believe that the market price of CES' common shares do not reflect their underlying value.  Accordingly, the renewal of CES' NCIB will allow CES to opportunistically reduce the issued and outstanding common shares of the Corporation (the \"\n \n Common Shares\n \n \") and enhance shareholder value.\n \n \n Pursuant to the renewed NCIB, CES may purchase through the facilities of the TSX and other alternative Canadian securities trading platforms, from time to time over the next 12 months, up to 14,399,478 Common Shares, being 7.5% of the public float of Common Shares.  Common Shares purchased under the NCIB will be subsequently cancelled by the Corporation.  The NCIB will commence on\n \n July 21, 2022\n \n and will terminate the earlier of\n \n July 20, 2023\n \n or on date on which the maximum number of Common Shares which can be acquired pursuant to the NCIB are purchased.\n \n \n Under TSX r...