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.

GB Ginger Beef Corporation

0.24
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ginger Beef Corporation TSXV:GB 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% 0.24 0.22 0.295 0 01:00:00

Ginger Beef Corporation (Listed on the TSX Venture Exchange - Stock Symbol "GB") Announces Plans to Repurchase Common Shares

05/11/2013 3:21pm

Marketwired Canada


GB (the "Corporation" or "Ginger Beef") (TSX VENTURE:GB) announces that it has
filed with the TSX Venture Exchange a Notice of Intention to Make a Normal
Course Issuer Bid which shall commence on November 8, 2013 and terminate on
November 7, 2014 or the earlier of the date all shares which are subject to the
Normal Course Issuer Bid are purchased.


In the opinion of the Board of Directors of Ginger Beef, the market price of the
Common Shares of Ginger Beef does not accurately reflect the value of those
shares. As a result, the Corporation intends to repurchase Ginger Beef's Common
Shares that may become available for purchase at prices, which make them an
appropriate use of funds of the Corporation.


Ginger Beef intends to attempt to acquire up to an aggregate of 690,524 of its
Common Shares over the next 12-month period, representing approximately 5% of
the issued and outstanding Common Shares of Ginger Beef.


Purchases subject to the Normal Course Issuer Bid will be carried out pursuant
to open market transactions through the facilities of the TSX Venture Exchange.
The Member through which the Normal Course Issuer Bid will be conducted is
Raymond James Ltd., Calgary, Alberta. All Common Shares purchased by Ginger Beef
under the Normal Course Issuer Bid will be cancelled.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ginger Beef Corporation
Stanley Leung
President and Chief Executive Office
(403) 272-8088
(403) 234-0688 (FAX)
gingerbeef00@hotmail.com

1 Year Ginger Beef Chart

1 Year Ginger Beef Chart

1 Month Ginger Beef Chart

1 Month Ginger Beef Chart

Your Recent History

Delayed Upgrade Clock