TORONTO, ON / ACCESSWIRE / August 13, 2024 / TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) (FSE:706) (“TRU” or the “Company”) today announced that, effective immediately, it has terminated the normal course issuer bid (“NCIB”) first announced on December 7, 2023. The purpose of the NCIB was to purchase and cancel up to 9,668,743 common shares of the Company (“Shares”), representing up to 10% of the Company’s outstanding Public Float (as defined in TSX Venture Exchange (“TSXV”) Policy 1.1 – Interpretation) as at the date thereof.
The NCIB commenced on December 11, 2023 and was set to conclude one year later on December 10, 2024, or earlier if the maximum number of Shares sought in the NCIB had been repurchased, or if the Company deemed it appropriate to conclude the NCIB before the specified end date.
The share purchases were completed by way of open market purchases through the facilities of the TSXV and other exchanges, and…
