- Tartisan Nickel Corp. (TN) has concluded its normal course issuer bid
- Tartisan Nickel purchased a total of 4,869,300 of its common shares
- Common shares acquired by the company have been cancelled
- Tartisan Nickel is a Canada-based mineral exploration and development company
- Tartisan Nickel Corp. (TN) opened trading at C$0.40 per share
Tartisan Nickel Corp. (TN) has concluded its normal course issuer bid.
Tartisan Nickel purchased a total of 4,869,300 of its common shares, representing approximately 4.64 per cent of the company’s issued and outstanding common shares.
Tartisan commenced the NCIB because it believed that the underlying value of the Kenbridge Nickel Project, along with the company’s portfolio holdings, are not adequately reflected in the market price of its common shares. Tartisan Nickel Corp. believed that the repurchase of its common shares for cancellation represented an appropriate use of the Company’s financial resources and should enhance shareholder value in the long run.
The NCIB commenced on March 17, 2021, and ended on March 17, 2022.
Common shares acquired by the company have been cancelled.
Tartisan Nickel is a Canada-based mineral exploration and development company whose flagship asset is the Kenbridge Nickel Deposit located in the Kenora Mining District, Ontario.
Tartisan Nickel Corp. (TN) opened trading at C$0.40 per share.