Mako Mining Launches 3.9M Share Buyback Program, Signals Stock Undervalued

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Mako Mining announces TSX Venture Exchange’s acceptance of its normal course issuer bid (NCIB) to purchase up to 3,956,485 common shares, representing 5% of the company’s total issued and outstanding shares. The NCIB will run from November 19, 2024 to November 18, 2025. Shares will be purchased for cancellation through TSXV facilities at market price, with Ventum Financial Corp. managing the purchases. The company’s board believes the current share price undervalues Mako’s business and future prospects, making the share repurchase program a prudent use of funds.

Mako Mining annuncia l’accettazione da parte della Borsa valori TSX Venture della sua offerta d’acquisto nell’ambito del normale corso delle operazioni (NCIB) per acquistare fino a 3.956.485 azioni ordinarie, che rappresentano il 5% delle azioni totali emesse e in circolazione dall’azienda. L’NCIB avrà…

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