|
| Home : Benton Applies for Share Buyback |
|
May 30
2013 |
Benton Applies for Share Buyback |
|
THUNDER BAY, ONTARIO--(Marketwired - May 29, 2013) - Benton Capital Corp. (TSX VENTURE:BTC) ("Benton") Thunder Bay, Ontario: announces that the Company has applied for regulatory approval for a Normal Course Issuer Bid (the "Bid") to purchase, through the facilities of the TSX Venture Exchange, up to 5,000,000 shares of its issued and outstanding common shares. The actual number of shares that may be purchased and the timing of such purchases will be determined by Benton and purchases pursuant to the Bid will be conducted through BMO Nesbitt Burns. The Company currently has a net asset value of approximately $8.04 million (consisting of $1.1 million in cash and $6.94 million in Coro Mining Corp. common shares) but a market capitalization of only $2.67 million (based on the May 28, 2013 closing market prices). |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1796065&sourceType=3 |
| |
|
Related News
|
» Solutions4CO2 Inc. Announces Issuance of Shares
» Revolver Resources Announces Financing
|
|
|
