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Input Capital Corp. Announces TSX-V Approval for Normal Course Issuer Bid
Input Capital Corp. Announces TSX-V Approval for Normal Course Issuer Bid Canada N...
About this update from Ssc Security Services Corp.
[{"type":"text","content":"\n\n\n\nInput Capital Corp. Announces TSX-V Approval for Normal Course Issuer Bid\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\nCanada NewsWire\nREGINA, Dec. 11, 2017\n\n\n\nREGINA, Dec. 11, 2017 /CNW/ - Input Capital Corp. (\"Input\") (TSX Venture: INP) (US: INPCF) announced today the TSV Venture Exchange has accepted Input's application for a normal course issuer bid (the \"Bid\") for up to 6,578,683 of its common shares (the \"Shares\"), representing approximately 10% of Input's public float. \n\nAs previously announced on December 6, 2017, the Bid will commence on December 14, 2017 and continue until the earlier of December 13, 2018 and the date by which Input has acquired the maximum Shares which may be purchased under the Bid.  The Bid will be made through the facilities of the TSX Venture Exchange, or such other \"designated exchange\" as that term is defined by applicable Canadian securities laws, and the purchase and payment for the Shares will be made in accordance with TSX Venture Exchange requirements, or such other designated exchange, at the market price of the Shares at the time of acquisition.  All Shares purchased by Input under the Bid will be cancelled.\n\nInput has appointed GMP Securities L.P. as its broker to conduct the Bid transactions.\n\nManagement of Input believes that the Shares have been trading in a price range which does not adequately reflect their value and that the purchase of the Shares under the Bid will enhance shareholder value in general. \n\nAbout Input\n\nInput is an agriculture commodity streaming company with a focus on canola, the largest and most profitable crop in Canadian agriculture. Input enters into multi-year canola streaming contracts with canola farmers in western Canada.  Pursuant to the streaming contract, Input purchases a fixed volume of canola annually for the duration of the term of the contract.  Input is a non-operating farming company with a diversified portfolio of canola streams, all of which produce canola and revenue for Input within a year of being signed. Input pla...