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BFS Bfs Entertainment Multimedia Ltd.

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Share Name Share Symbol Market Type
Bfs Entertainment Multimedia Ltd. TSXV:BFS 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 -

BFS Entertainment & Multimedia Limited Announces Normal Course Issuer Bid

27/05/2014 5:15pm

Marketwired Canada


BFS Entertainment & Multimedia Limited ("BFS") (TSX VENTURE:BFS) announced today
that the TSX Venture Exchange has accepted BFS' notice of intention to make a
normal course issuer bid for its common shares through the facilities of the TSX
Venture Exchange.


On May 28, 2014, BFS may commence making purchases of up to a maximum of 409,073
common shares, which represents 5.4% of its issued and outstanding common shares
and 10% of the 4,090,733 common shares of BFS held by persons other than senior
officers, directors and principal shareholders of BFS. Any shares acquired will
be purchased at the market price for the common shares at the time of
acquisition and will be cancelled. Don Ross of Jones Gable & Company Limited
will be the broker conducting the normal course issuer bid on behalf of the
Company. The bid will terminate on the earlier of the dates determined by BFS
and May 27, 2015. BFS currently has 7,524,333 issued and outstanding common
shares.


Proceeding with the normal course issuer bid will give BFS the flexibility to
purchase its common shares if it determines that, as a result of the difference
between BFS' view of the fundamental value of the common shares and the market
price, it is in the best interest of BFS to do so.


BFS Entertainment & Multimedia Limited is a recognised independent North
American entertainment company focusing on the acquisition, distribution and
production of film and television media with head office in Toronto, Ontario.


Programming includes classic dramas, mystery, comedy, sports, documentaries and
health and wellness and is sold under the BFS, American Home Treasures and Bodhi
Lifestyle(TM) brands. North American retail distribution is through national
retailers, distributors, mail order companies and BFS' direct to consumer
division and e-commerce websites.


BFS' strategy is to continue to acquire new programming and to expand its
proprietary programme development, international distribution and direct to
consumer delivery, including electronic digital delivery and streaming.


(SEC Rule 12g exemption #82-4245)

FOR FURTHER INFORMATION PLEASE CONTACT: 
BFS Entertainment & Multimedia Limited
John Grzybowski, MBA, CPA, CA
Chief Financial Officer
(905) 884-2323
(905) 884-8292 (FAX)
ir@bfsent.com
www.bfsent.com

1 Year BFS Entertainment & Multimedia Chart

1 Year BFS Entertainment & Multimedia Chart

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1 Month BFS Entertainment & Multimedia Chart

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