NANAIMO, BC , Oct. 28, 2021 /CNW/ - Atlas Engineered Products ("Atlas", "AEP" or the "Company") (TSXV: AEP) (OTC-PINK: APEUF) announced today that it has received approval from the TSX Venture Exchange (the "TSXV") to implement a normal course issuer bid (the "Bid") to be transacted through the facilities of the TSXV.
The Bid will commence on November 3, 2021 and end on November 3, 2022 or such earlier date as AEP may complete its purchases as set forth in its notice filed with the TSXV. Under the Bid, AEP may purchase up to 2,886,286 common shares of the Company, representing up to 5% of the total number of common shares outstanding as of October 28, 2021 .