Pulse Seismic Inc T.PSD

Alternate Symbol(s): PLSDF

Energy Oil & Gas Equipment & Services

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB).

TSX:PSD - Post by User

Pulse Seismic Inc

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Post by Betteryear2on Dec 18, 2023 8:54am

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Post# 35789461

Receives TSX Approval for Normal Course Issuer Bid T.PSD

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.

Pulse Seismic Inc. Receives TSX Approval for Normal Course (globenewswire.com)

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