Coloured Ties Capital Inc V.TIE

Share buy back announced.

[pigsandsheep]

2021-12-08 16:37 PT - News Release

 

Mr. Kal Malhi reports

COLOURED TIES ANNOUNCES NORMAL COURSE ISSUER BID

Coloured Ties Capital Inc. intends to proceed with a normal course issuer bid (NCIB) for up to 1,163,782 common shares of the company, representing approximately 5 per cent of the issued and outstanding shares of the company.

All shares purchased under the NCIB are being purchased on the open market through the facilities of the TSX Venture Exchange as well as through other designated exchanges and alternative trading systems in Canada in accordance with applicable regulatory requirements. All shares purchased will be at the prevailing market price at the time of purchase and will be subsequently cancelled. The NCIB will be conducted through Canaccord Genuity, a member of the exchange, and made in accordance with the policies of the exchange.

The company has received approval from the exchange to commence its NCIB on Dec. 15, 2021. The bid will end on Dec. 14, 2022, or earlier if the number of shares sought in the NCIB has been obtained. The company reserves the right to terminate the bid earlier if it determines such action to be appropriate. Although Coloured Ties intends to purchase shares under its NCIB, there can be no assurance that any such purchases will be completed.

The company believes that the purchase of the shares will increase the proportionate interest of, and be advantageous to, all remaining securityholders. The normal course purchases will also afford an increased degree of liquidity in the market. The company believes that the purchase of the shares would be the best use of its available cash.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.

 

 

[ChinookGeo]

Didn't see that on Sedar or the news wires yet. Did you just finishing writing it Kal?

[pigsandsheep]

Chinook for an investor you are pretty clueless to news releases etc. You last posted that you had not seen an update since august but the nov29 news release is everywhere an investor should be looking why don't you educate yourself a bit so you don't come across as a bumbling idiot with no clue on investing and your stupid innuendos   Today's news release is almost on every chat

[ChinookGeo]

Spoken like a true pump and dump CEO. I like to see news posted to SEDAR or real newswire services. Timing is everything and clearly you had this as it was released. Can't imagine how that happened. So since you are so astute Kal, maybe you can tell me when you are releasing actual Financials? Seem to be overdue. I love the shot you fire though Just reinforces my thought process about you are

[C10H12N2]

He's also got it on "good authority" that Kal is no longer going to royally screw over Algernon (AGN) shareholders. He posted that on the AGN website the other day. That seems about as close to knowing Kal as anyone in my book. Definietelt seems like there's some clean up activities going on if not just more smoke and mirrors. Tread lightly here.

[CASHEAGLE]

Chinook financials are filed qyarterly.. the last financials are posted on SEDAR as of August 31..next financials are due  December 31......If you did not see the Nov 29, NR, which is all over the internet, it provides a financial picture of the company and its investment model in start ups: The updat eis Nov 24 and next finacials are due end of December and not at your command..either have