Novus Energy Inc. announces normal course issuer bid
Press Release: Novus Energy Inc. – 10 hours ago.
CALGARY , Sept. 18, 2012 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (NVS.V) announces that it intends to make a normal course issuer bid ("NCIB") through the facilities of the TSX Venture to buy up to 5,000,000 of its issued and outstanding Common Shares. This amount represents approximately 3% of Novus' 189.4 million issued and outstanding Common Shares. The bid will commence September 20, 2012 and expire September 19, 2013 and any shares acquired pursuant to the bid will be cancelled. The bid will be conducted through National Bank Financial Inc., a member of the TSX Venture Exchange.
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