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Omni-Lite Industries announces notice of intention to make a normal course issuer bid
Omni-Lite Industries announces notice of intention to make a normal course issuer bid.
About this update from Omni-lite Industries Canada Inc.
[{"type":"text","content":"\n\n\n\n\nOML-TSX VENTURE\n\nCERRITOS, CA, Oct. 12 /CNW/ - Omni-Lite Industries Canada Inc. has filed\nwith the TSX Venture Exchange its notice of intention to initiate a normal\ncourse issuer bid to purchase, on the open market through the facilities of\nthe TSX Venture Exchange, up to 550,000 common shares. This represents\napproximately 5 percent of 11,036,053 issued and outstanding shares. The bid\nis made to invest corporate funds to the best advantage. Purchases pursuant to\nthe bid will be conducted by Sprott Securities Inc. Purchases may begin on\nOctober 16, 2006, subject to approval by regulatory authorities. The bid\nexpires on October 15, 2007.\nOmni-Lite is a rapidly growing high technology company that develops and\nmanufactures precision components utilized by approximately 100 companies\nincluding Boeing, Airbus, Alcoa, Daimler-Chrysler, the U.S. Military, Nike,\nand adidas.\n\nExcept for historical information contained herein this document contains\nforward-looking statements. These statements contain known and unknown risks\nand uncertainties that may cause the Company's actual results or outcomes to\nbe materially different from those anticipated and discussed herein.\n\nWebsite: www.omni-lite.com\n\nTHE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE\nINFORMATION CONTAINED HEREIN.\n\n\n\n","length":1386,"tagName":"div"}]