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Article: Brompton Oil & Gas Income Fund Renews Normal Course Issuer Bid.
- Article from:
- Marketwire Canada
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Nov 4, 2009 (Marketwire via COMTEX) -- Brompton Oil & Gas Income Fund (TSX:OGF.UN) has renewed its normal course issuer bid to purchase up to 2,202,900 units of the Fund representing approximately 10% of the public float of 22,029,672 units. The Fund may purchase up to 441,094 units in any 30 day period which is 2% of the 22,054,684 issued and outstanding units at October 29, 2009.
As of October 29, 2009, the Fund had purchased 242,100 units under its current bid at an average price of $3.89 per unit.
The units may be purchased for cancellation from November 6, 2009 to November 5, 2010 through the facilities of the TSX or other exchange ...