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Uranium Participation Corporation (TSE:U) reports that it has received approval from the Toronto Stock Exchange on a normal course issuer bid.
Uranium Participation Corporation (TSX:U) reports that it has received approval from the Toronto Stock Exchange on a normal course issuer bid.
The press release is quoted as saying:
The purchases may commence on June 14, 2011 and will terminate on June 13, 2012 or on such earlier date as Uranium Corp completes its purchases. The purpose for the Bid is to provide Uranium Corp with a mechanism to decrease the potential spread between the net asset value per Share and the market price of the Shares.
Click here to access the entire news release.
