CanBanc 8 Income Corp. Announces Normal Course Issuer Bid For Shares

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/23/13 -- CanBanc 8 Income Corp. (the "Corporation") (TSX: CBF) announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Corporation's Notice of Intention to make a Normal Course Issuer Bid (the "NCIB").

Pursuant to the NCIB, the Corporation proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 419,000 equity shares ("Shares") of the Corporation, representing approximately 10% of the public float which is the same number as the Corporation's issued and outstanding Shares, being 4,190,000 Shares as of January 16, 2013. The Corporation will not purchase in any given 30-day period, in the aggregate, more than 83,800 Shares, being 2% of the issued and outstanding Shares. Purchases of Shares under the NCIB may commence on January 25, 2013. First Asset Investment Management Inc., the manager of the Corporation, believes that such purchases are in the best interests of the Corporation and are a desirable use of the Corporation's funds. All purchases will be made through the facilities of the TSX in accordance with its rules and policies. All Shares purchased by the Corporation pursuant to the NCIB will be cancelled. The NCIB will expire on January 24, 2014.



Contacts:
First Asset
Rob MacNiven
Investor Relations
416-642-1289 or 1-877-642-1289

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 23.01.2013 - 17:00 Uhr
Sprache: Deutsch
News-ID 222357
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO

Kategorie:

Investment Services & Trading

Diese Pressemitteilung wurde bisher 198 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"CanBanc 8 Income Corp. Announces Normal Course Issuer Bid For Shares"
steht unter der journalistisch-redaktionellen Verantwortung von

CanBanc 8 Income Corp. and First Asset (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

CanBanc 8 Income Corp. Announces Exercise of Over-Allotment Option ...

TORONTO, ONTARIO -- (Marketwire) -- 01/14/13 -- CanBanc 8 Income Corp. (the "Company") (TSX: CBF) announces that the syndicate of agents for the Company's initial public offering has exercised the over-allotment option and acquired a ...

CanBanc 8 Income Corp.: Closes Initial Public Offering ...

TORONTO, ONTARIO -- (Marketwire) -- 12/19/12 -- CanBanc 8 Income Corp. (the "Company") (TSX: CBF) announces the closing of its initial public offering. Pursuant to the offering, the Company issued 4 million equity shares (the "Shares ...

Alle Meldungen von CanBanc 8 Income Corp. and First Asset