RE: RE: NR - Manitok Energy Inc. Announces Amendme I think the important part is this IMO:
Prior to the Amendment, Manitok had approval to repurchase up to 4,435,055 Common Shares, representing 10% of Manitok's Public Float (as defined in the Exchange Corporate Finance Manual) as at May 29, 2012, during the 12-month period beginning June 18, 2012. After the Amendment, Manitok has approval to repurchase an aggregate of up to 5,800,000 Common Shares, representing 10% of Manitok's Public Float as at December 31, 2012, during the 12-month period beginning June 18, 2012, an increase of up to 1,364,945 Common Shares.
So unless I missed something they're buying another 1.3 million shares back. Good news IMO.