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24.12.25 - 23:27
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The Westaim Corporation Announces Normal Course Issuer Bid (Business Wire)
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TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the “Exchange” or “TSXV”) has accepted a notice (the “Notice”) filed by the Company of its intention to make a normal course issuer bid (the “NCIB”). In connection with the NCIB, the Company entered into an automatic share purchase plan (an “ASPP”) with TD Securities Inc. (“TD”) to allow for purchases of its common shares (the “Shares”). In connection with the commencement of the NCIB, the Company will terminate its current normal course issuer bid (the “Terminated NCIB”) which commenced on April 1, 2025.
The Notice provides that the Company may, during the 12-month period commencing January 1, 2026 and ending December 31, 2026, or on such earlier date as Westaim completes its purchases or provides notice of termination, purchase up to 1,892,373 Shares in total, representing approximately 10% of Westaim's public float of S...
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