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Greencastle Resources (TSXV:VGN) renews NCIB

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TSXV:VGN
16 September 2021 12:00 (EDT)

Source: Greencastle Resources

Greencastle Resources Ltd. (VGN) has announced plans to renew its normal course issuer bid.

Pending regulatory approval, the company will conduct a normal course issuer bid for up to 3,875,917 common shares over a period of one year, representing approximately 10 per cent of the company’s issued and outstanding common shares. Up to 775,183 common shares of Greencastle may be purchased over any 30-day period.

The NCIB will commence on September 20, 2021.

The purchases will be made through the facilities of the TSXV. The company has appointed Canaccord Genuity Wealth Management as its broker to conduct normal course issuer bid transactions.

Greencastle Resources Ltd is a Canada-based based company engaged in the acquisition, exploration, and development of gold and other precious metals. 

Greencastle Resources Ltd. (VGN) is currently trading at C$0.13 per share.

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