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SEW Seaway Energy Services Inc. (delisted)

0.165
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Seaway Energy Services Inc. (delisted) TSXV:SEW 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% 0.165 0.16 0.195 0 01:00:00

Seaway Energy Services Inc. Announces Normal Course Issuer Bid

14/02/2011 7:25pm

Marketwired Canada


Seaway Energy Services Inc., ("Seaway" or the "Company") (TSX VENTURE:SEW)
listed on the TSX Venture Exchange Inc. under the trading symbol "SEW" is
pleased to announce that the TSX Venture Exchange has accepted a notice filed by
Seaway of its intention to make a normal course issuer bid.


The notice provides that Seaway may, during the 12 month period commencing
February 17, 2011 and ending February 17, 2012, purchase on the TSX Venture
Exchange up to 3,098,847 Common Shares, being approximately 10% of the "public
float" of the common shares of Seaway. The price which Seaway will pay for any
such shares will be the market price at the time of acquisition. The actual
number of common shares which may be purchased and the timing of any such
purchases will be determined by Seaway. There are 30,988,470 common shares of
Seaway currently outstanding.


Seaway believes that its common shares have been trading in a price range which
may not adequately reflect their value in relation to Seaway's business and its
future business prospects. As a result, depending upon future price movements
and other factors, Seaway believes that its outstanding common shares may
represent an attractive investment and a desirable use of a portion of its
available funds.


Seaway is a Calgary-based corporation providing environmental consulting
services to the oil and gas industry. These services include managing the
construction of oil and gas leases and access roads, cleanup of leases and roads
following drilling activity and reclamation of leases following drilling and
production. 


Certain statements contained in this document are "forward-looking statements".
The projections, estimates and beliefs contained in such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause actual results or events to differ materially from those
anticipated in any forward-looking statements. Seaway believes the expectations
reflected in those forward-looking statements are reasonable; however Seaway
cannot provide any assurance that these expectations will prove to be correct.


1 Year Seaway Energy Services Inc. Chart

1 Year Seaway Energy Services Inc. Chart

1 Month Seaway Energy Services Inc. Chart

1 Month Seaway Energy Services Inc. Chart

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