Tango Energy Inc. announces normal course issuer bid

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[{"type":"text","content":"\n\n\n\nSTOCK EXCHANGE: TSX-V\nSYMBOL: TEI\n\n\nCALGARY, Oct. 31 /CNW/ - Tango Energy Inc. ("Tango") announced today that\nit has filed with the TSX Venture Exchange (the "TSXV"), and that the TSXV has\naccepted, Tango's Notice of Intention to Make a Normal Course Issuer Bid (the\n"Notice"). Under the bid, Tango will have the right to purchase for\ncancellation, through the facilities of the TSXV, commencing on November 3,\n2008 up to a maximum of 3,725,000 of its common shares, representing 10% of\nits public float of outstanding common shares. Common shares will be purchased\nat the market price at the time of purchase and will be purchased on behalf of\nTango by Acumen Capital Partners, Tango's broker in connection with the normal\ncourse issuer bid, in accordance with the rules and policies of the TSXV. The\nnormal course issuer bid will remain in effect until the earlier of\nNovember 2, 2009 or when Tango has purchased the maximum number of common\nshares permitted under the bid.\n\n\nManagement and the directors of Tango believe that common shares may\nbecome available during the proposed purchase period at prices that make them\nan attractive investment for Tango.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this release.\n\n\n%SEDAR: 00017586E\n\n\n","length":1463,"tagName":"div"}]

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