Coral Gold Resources - Common SharesCoral Gold Resources - Common Shares
"Outstanding Share Data
The Company had the following issued and outstanding share capital as at April 30, 2017, and June 29, 2017:
Common shares: 48,850,337 as of April 30, 2017, and 46,375,337 as of June 29, 2017."
Source: MD&A - English, Jun 29 2017.
"Pursuant to the bid, Coral may purchase up to 3,844,000 common shares, which represent approximately 10 per cent of the total current public float (being the total issued shares, less shares held by insiders and their associates and affiliates). Purchases will be made at the discretion of Coral at prevailing market prices for a 12-month period. Coral intends to hold all shares acquired under the bid for cancellation. The funds for any purchase pursuant to the bid will be financed out of the unallocated working capital of the company."
Source: News Release - 2017-06-26: Coral Announces Normal Course Issuer Bid.
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