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HMB

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Share Name Share Symbol Market Type
TSXV:HMB 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 -

Humboldt Announces Normal Course Issuer Bid

29/08/2013 7:00pm

Marketwired Canada


Humboldt Capital Corporation (TSX VENTURE:HMB) announced today that it has
received approval from the TSX Venture Exchange (the "Exchange") to make a
Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to
time, as it considers advisable, up to 596,000 of the issued and outstanding
Common Shares (being approximately 5% of the Common Shares outstanding at August
29, 2013). Purchases will be made on the open market through the facilities of
the Exchange. CIBC Wood Gundy will conduct the Bid on behalf of Humboldt. The
price which Humboldt will pay for any shares purchased by it will be the
prevailing market price of such shares on the Exchange at the time of such
purchase.


Pursuant to Normal Course Issuer Bids, during the previous 12 months, Humboldt
purchased no Common Shares.


The Bid will commence on September 4, 2013 and will terminate on September 3,
2014, or such earlier time as the applicable Bid is completed or at the option
of Humboldt.


The Board of Directors of Humboldt believe that the current and recent market
prices of Humboldt's shares do not give full effect to their underlying value
and that, accordingly, the purchase of shares will increase the proportionate
share interest of, and be advantageous to, all remaining shareholders. The
normal course purchases will also afford an increased degree of liquidity to
Humboldt shareholders who would like to dispose of their shares.


SEDAR Filings

Further information regarding financial and operating results may be obtained at
www.sedar.com or www.humboldtcapital.com, where the Company's MD&A and financial
statements have been filed.


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward-looking statements - the press release today contains "forward-looking"
information. Actual results could differ materially from the conclusions,
forecasts or projections in the forward-looking information. Certain material
factors and assumptions were applied in drawing the conclusions or making the
forecasts or projections as reflected in the forward-looking information.
Additional information about the material factors that could cause actual
results to differ materially from the conclusion, forecast or projection in the
forward-looking information and the material factors or assumptions that were
applied in drawing the conclusion or making the forecast or projection as
reflected in the forward-looking information is contained in the press release.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Humboldt Capital Corporation
R.W. Lamond
Chairman of the Board
(403) 269-9889
(403) 269-9890 (FAX)


Humboldt Capital Corporation
C.A. (Tony) Teare
Executive Vice President
(403) 269-9889
(403) 269-9890 (FAX)
www.humboldtcapital.com

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