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Bullboard - Stock Discussion Forum TVI Pacific Inc TVIPF


Primary Symbol: V.TVI

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo... see more

TSXV:TVI - Post Discussion

TVI Pacific Inc > Appears Villar wants to own 100% of TVIRD and therefore.....
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Post by rockingrooster on May 29, 2024 10:00am

Appears Villar wants to own 100% of TVIRD and therefore.....

imo we will see a  Normal-Course Issuer Bid (NCIB) is a Canadian-based stock buyback program, where a publicly-traded company repurchases its shares to cancel them.Making a normal-course issuer bid requires a company to first place a Notice of Intention.
The other approach to the NCIB involves a company buying numerous shares from its shareholders at a predetermined price and date. If the company purchases all its outstanding stocks, the transaction is referred to as “going private.
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