CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). The NCIB effectively renews the Corporation’s existing normal course issuer bid, which is set to expire on November 24, 2023.
The NCIB allows Birchcliff to purchase up to 13,328,267 common shares (representing 5% of its 266,565,357 common shares outstanding as at November 14, 2023) over a period of twelve months commencing on November 27, 2023 and … Continue Reading