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PALISADES GOLDCORP LTD. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
PALISADES GOLDCORP LTD. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID Canada NewsWire ...
About this update from Palisades Goldcorp Ltd.
[{"type":"text","content":"\n\n\n\n PALISADES GOLDCORP LTD. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n March 27, 2025\n \n\n /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) (\"\n \n Palisades\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that the TSX Venture Exchange (\"\n \n TSX-V\n \n \") has accepted the Company's notice of intention to renew its normal course issuer bid (the \"\n \n Renewal\n \n\n NCIB\n \n \") for common shares in the capital of the Company (\"\n \n Common Shares\n \n \") through the facilities of the TSX-V.\n \n\n\n\n\n\n\n\n\n Pursuant to the Renewal NCIB, the Company may, effective\n \n April 1, 2025\n \n , commence making purchases of up to a maximum of 3,223,381 Common Shares, which represents approximately 5% of the Company's issued and outstanding Common Shares. A purchase of Common Shares under the Renewal NCIB also may not, when aggregated with the total of any other purchases in the 30 days preceding the purchase, whether through the facilities of the TSX-V or otherwise, exceed 2% of the total issued and outstanding Common Shares of the Company at the time the purchase is made.\n \n\n The Company believes that the current market price of the Common Shares does not adequately reflect its underlying value and future prospects and that the repurchase of Common Shares at current market prices through the Renewal NCIB is an appropriate use of corporate funds.\n \n\n Ventum Financial Corp. will continue to conduct the NCIB on behalf of the Company. Any Common Shares acquired under the Renewal NCIB will be purchased at the market price. All Common Shares acquired by the Company pursuant to the Renewal NCIB will be cancelled following purchase.\n \n\n The Renewal NCIB will terminate on\n \n March 31, 2026\n \n , unless terminated earlier at the option of the Company upon prior notice being given to the TSX-V or as of the date on which the Company shall have acquired all of the Common Shares sought pursuant to the Renewal NCIB.\n \n\n There can ...