Business
Pulse Data Inc. announces filing of normal course issuer bid
Pulse Data Inc. announces filing of normal course issuer bid.
About this update from Pulse Seismic Inc.
[{"type":"text","content":"\n\n\n\n\nTSX: PSD\n\nCALGARY, Nov. 24 /CNW/ - Pulse Data Inc. (\"Pulse\") announces that it\nintends to purchase up to 2,394,121 common shares (representing 5% of the\n47,882,439 issued and outstanding common shares) under a normal course issue\nbid through the facilities of the TSX. All shares purchased under the normal\ncourse issuer bid will be cancelled. The duration of the normal course issue\nbid will be from November 28, 2006 through November 27, 2007.\nPulse believes that its common shares may from time to time be\nundervalued.\n\nCORPORATE PROFILE\n\nPulse is a Calgary-based company with two operating units: Pulse Seismic\nspecializing in acquiring, marketing and licensing seismic data to the western\nCanadian energy sector, and Terrapoint focusing on acquisitions and processing\nof digital elevation and image data (also referred to as LiDAR) to diverse\nmarkets. Through these two operating units, Pulse Seismic and Terrapoint, the\nCompany has evolved into an industry leader providing Better Information\nFaster(TM).\n\nPulse trades on the Toronto Stock Exchange under the symbol PSD.\n\nCertain information contained herein may constitute forward-looking\nstatements under applicable securities laws. Such statements are subject to\nknown or unknown risks and uncertainties that may cause actual results to\ndiffer materially from those anticipated or implied in the forward-looking\nstatements. Investors are encouraged to review the \"Risk Factors\" section of\nthe Management's Discussion and Analysis in the Company's 2005 Annual Report\nand 2006 interim reports for a discussion of risks that could affect the\nCompany's operations and financial results. Forward-looking statements are\nbased upon management's assumptions, expectations and estimates at the time\nthat such statements are made. Pulse does not update forward-looking\nstatements should circumstances change or management's assumptions,\nexpectations or estimates change, except as required by law.\n\n\n\n","length":2031,"tagName":"div"}]