CALGARY, Alberta, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) ("Pulse" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has accepted the Company's Notice of Intention to commence a normal course issuer bid ("NCIB"). The NCIB allows Pulse to purchase up to 2,957,406 common shares (representing 10 percent of the public float of 29,574,064 common shares as at December 13, 2023). All shares will be purchased through the facilities of the TSX and/or alternative Canadian trading platforms. All shares purchased under the normal course issuer bid will be cancelled. The duration of the normal course issuer bid will be from December 20, 2023 through December 19, 2024. As of December 13, 2023, the Company had 52,637,463 common shares outstanding.
The Company's purchase of shares during ...