ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

BMN.A

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
TSXV:BMN.A TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Beaumont Select Corporations Inc. to Continue With Normal Course Issuer Bid

22/06/2009 9:30pm

Marketwired Canada


BEAUMONT SELECT CORPORATIONS INC. ("Beaumont") (TSX VENTURE:BMN.A) announced
that it has filed with the TSX Venture Exchange a Notice of Intention to Make a
Normal Course Issuer Bid which shall commence on July 2, 2009 and terminate on
July 1, 2010 or the earlier of the date all shares which are subject to the
Normal Course Issuer Bid are purchased. This Normal Course Issuer Bid follows
the one Beaumont commenced on July 2, 2008 (and which expires on July 1, 2009)
pursuant to which Beaumont purchased approximately 144,000 Class "A" shares as
at June 10, 2009.


In the opinion of the board of directors of Beaumont, the market price of the
Class "A" shares of Beaumont does not accurately reflect the value of those
shares. As a result, Beaumont's Class "A" shares may continue to become
available for purchase at prices which make them an appropriate use of funds of
the company.


Beaumont intends to attempt to acquire up to an aggregate of 840,288 of its
Class "A" shares over the next 12 month period representing 5% of the issued and
outstanding Class "A" shares. There were 16,805,769 Class "A" shares of Beaumont
issued and outstanding as of June 10, 2009.


Purchases subject to this Normal Course Issuer Bid will be carried out pursuant
to open market transactions through the facilities of the TSX Venture Exchange
by Blackmont Capital Inc. on behalf of Beaumont. Once purchased the Class "A"
shares will be returned to treasury for cancellation.


1 Year Chart

1 Year  Chart

1 Month Chart

1 Month  Chart

Your Recent History

Delayed Upgrade Clock