TerraVest announces termination of automatic purchase plans
June 06 2018 - 4:30PM
PR Newswire (Canada)
TSX: TVK
VEGREVILLE, AB, June 6, 2018 /CNW/ - TerraVest Industries Inc.
('TerraVest" or the "Corporation") (TSX: TVK) announced today that
it has terminated (i) its automatic securities purchase plan which
it entered into on January 31, 2018
(The "Common Share ASPP") for the purposes of facilitating
repurchases of its common shares ("Common Shares") under its
TSX-approved normal course issuer bid for its Common Shares (the
"Common Share NCIB"); and (ii) its automatic securities purchase
plan which it entered into on October 27,
2017 (the "Debenture ASPP") for the purposes of facilitating
repurchases of its 7.00% convertible unsecured subordinated
debentures due June 30, 2020 (the
"Debentures") under its TSX-approved normal course issuer bid for
Debentures (the "Debenture NCIB").
Regardless of the termination of the Common Share ASPP and
Debenture ASPP, the Common Share NCIB and Debenture NCIB remain in
effect on the same terms and subject to the TSX restrictions
previously disclosed.
TerraVest is not aware of any undisclosed material information
regarding the Corporation or its securities.
SOURCE TerraVest Industries Inc.
Copyright 2018 Canada NewsWire
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