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TerraVest Announces Renewal of Normal Course Issuer Bid and Automatic Purchase Plan for its Common Shares
TerraVest Announces Renewal of Normal Course Issuer Bid and Automatic Purchase Plan for it...
About this update from Terravest Industries, Inc.
[{"type":"text","content":"\n\n\n\nTerraVest Announces Renewal of Normal Course Issuer Bid and Automatic Purchase Plan for its Common Shares\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\nVEGREVILLE, AB, Jan. 31, 2018\n\n\n\nTSX: TVK \n\n\n\nVEGREVILLE, AB, Jan. 31, 2018 /CNW/ - TerraVest Capital Inc. (\"TerraVest\" or the \"Corporation\") (TSX: TVK) announced today that it has received the approval of the Toronto Stock Exchange (the \"TSX\") to renew its normal course issuer bid (the \"Bid\") for up to 913,256 of its issued and outstanding common shares (the \"Shares\") on the TSX. In connection with Bid, TerraVest has renewed its automatic securities purchase plan with its designated broker to allow for purchases of Shares (the \"Share Purchase Plan\"). The Share Purchase Plan will commence on February 2, 2018 and end on, or before, February 1, 2019.\n\nPurchases under the Bid may commence on February 2, 2018 and will terminate on February 1, 2019, or on such earlier date as the Bid is complete. Purchases of Shares will be made either through the facilities of the TSX in accordance with its rules, and alternative Canadian trading platforms, or through the Share Purchase Plan. Purchases under the Share Purchase Plan will be determined by TerraVest's broker in its sole discretion, without consultation with TerraVest, subject to the limitations of the Share Purchase Plan and the rules of the TSX. The Share Purchase Plan is considered an \"automatic plan\" for purposes of applicable Canadian securities laws and has been reviewed by the TSX. The Share Purchase Plan was established to provide standard instructions regarding how the Shares are to be purchased under the Bid. Accordingly, TerraVest may purchase its Shares in accordance with the Share Purchase Plan on any trading day during the Bid, including during self-imposed trading blackout periods. TerraVest may otherwise vary, suspend or terminate the Share Purchase Plan only if it does not have material non-public information, the decision to vary, suspend or terminate the Share Purchase Plan is not taken during a self-imp...