Edition:
India

ECN Capital Intends To Make Issuer Bid For Up To C$115 Mln Of Its Common Shares


Thursday, 1 Mar 2018 

Feb 28 (Reuters) - ECN Capital Corp ::ECN CAPITAL ANNOUNCES INTENTION TO MAKE A SUBSTANTIAL ISSUER BID FOR UP TO C$115 MILLION OF ITS COMMON SHARES.ECN CAPITAL - ‍PROPOSED BID WILL PROCEED BY WAY OF A MODIFIED-DUTCH AUCTION​.ECN CAPITAL - ‍PROPOSED BID WILL PROCEED WITHIN PRICE RANGE OF NOT LESS THAN $3.49 PER SHARE AND NOT MORE THAN $3.90 PER SHARE​.ECN CAPITAL CORP - ‍INTEND TO FUND PROPOSED BID WITH A COMBINATION OF CASH DRAWN ON COMPANY'S EXISTING CREDIT FACILITY AND AVAILABLE CASH ON HAND​. 

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23 Jan 2020