Business
Golden Ridge Resources Announces Intention to Commence Normal Course Issuer Bid
(via TheNewswire) May 27, 2026 – TheNewswire - GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) ("Golden Ridge" or the "Company") announces today its intention to
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"\n \n(via TheNewswire)\n\n\n\n\nMay 27, 2026 – TheNewswire - GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) (\"Golden Ridge\" or the \"Company\") announces today its intention to make a normal course issuer bid (the \"Bid\") to purchase for cancellation, from time to time, as it considers advisable, up to 2,927,000 of its issued and outstanding common shares, being approximately 5.0% of the Company's currently outstanding common shares and approximately 6.82% of 42,945,577 which represents the Company's Public Float (as that term is defined in the policies of the TSX Venture Exchange (the \"Exchange\"). The Bid will commence on June 2, 2026, and will terminate on June 1, 2027, or such earlier time as the Bid is completed or at the option of the Company. Ventum Financial Corp. of Vancouver, British Columbia will conduct the Bid on behalf of the Company\n\n\n \n\n\nThe Bid will be conducted in accordance with applicable securities laws and the policies of the Exchange. Purchases will be made on the open market through the facilities of the Exchange. The price which the Company will pay for any shares purchased by it will be the prevailing market price of such common shares on the Exchange at the time of such purchase. The purchase of the common shares under the Bid is being funded from existing working capital.\n\n\n \n\n\nIn accordance with Exchange policies, the Company will include a summary of the Bid in the management information circular to be mailed to shareholders of the Company in respect of its next meeting of shareholders.\n\n\n \n\n\nThe Company believes that purchases of its common shares pursuant to the Bid may contribute to the facilitation of an orderly market and is in the best interests of the Company and its shareholders. In the event that the Company believes that its common shares begin trading in a price range that does not adequately reflect their underlying value based on the Company's business prospects, growth and financial position, the Company may purchase common shares pursuant to the Bid.\n\n\n \n\n\nAbout Golden Ridge\n\n\n \n\n\n\nGolden Ridge is a TSXV listed exploration company engaged in acquiring and advancing mineral properties located in British Columbia and Newfoundland. Golden Ridge owns a 100% interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property...