TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) — International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has approved IPC’s notice of intention to renew the Corporation’s normal course issuer bid (the “NCIB”).
Under the NCIB, the Corporation is authorized to purchase, through the facilities of the TSX and/or Nasdaq Stockholm, or as otherwise permitted under Canadian securities laws, as and when considered advisable by IPC, up to 8,342,119 common shares in the capital of the Corporation (the “Common Shares“), representing approximately 6.50% of the 128,224,820 Common Shares … Continue Reading