MBN Corporation Announces Normal Course Issuer Bid

    




 TORONTO, Sept. 10, 2012 /CNW/ - MBN Corporation (formerly Middlefield  Tactical Energy Corporation) announced that it has filed a notice with  the Toronto Stock Exchange (the "TSX") and received its approval to  make a normal course issuer bid ("NCIB") for its equity shares through  the facilities of the TSX.  This NCIB will commence on September 12,  2012 and will terminate on September 11, 2013. 

 The Fund had 2,486,382 equity shares issued and outstanding as at August  30, 2012.  The Fund may, during the 12 month period commencing  September 12, 2012 purchase on the TSX up to 183,703 equity shares,  being 10% of the public float and may not, in any 30 day period,  purchase more than 49,727 equity shares, being 2% of the equity shares  issued and outstanding.  The Fund will cancel all equity shares  purchased pursuant to the bid.  As at August 30, 2012 the Fund had  purchased 31,700 equity shares at an average price of $5.19 per equity  share under its previously approved normal course issuer bid.  The Fund  is implementing the NCIB to allow it to purchase equity shares if and  when it makes sense to do so. 

 MBN Corporation trades on the Toronto Stock Exchange under the symbol  "MBN" (formerly "OCF"). 

MBN Corporation


CONTACT:  visit our website at www.middlefield.com or contact theundersigned:Nancy ThamManaging Director, Sales and Marketing(416) 847-5349 


    

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