Silk Energy Ltd SLKEF

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Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.

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Silk Energy Ltd

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Post by Buffetpickson Mar 24, 2010 2:51pm

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Post# 16919793

News: company buying back 6.8 million shares.

Inspiration to buy back up to 6.89 million shares

2010-03-11 18:39 ET - Normal Course Issuer Bid

TSX bulletin 2010-0304

The Toronto Stock Exchange has accepted a notice of intentionfrom Inspiration Mining Corp. to make a normal course issuerbid to purchase up to 6,897,114 of its common shares, being 10 per cent of the public float ofthe common shares issued and outstanding as of March 5, 2010.

Purchases will be made on the open market through the facilities ofthe TSX. Purchases pursuant to the bid may begin March 15, 2010. Thebid expires no later than March 14, 2011.

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