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CALGARY, AB, Nov. 9, 2023 /CNW/ – InPlay Oil Corp. ( TSX: IPO ) ( OTCQX: IPOOF ) (“ InPlay ” or the “ Company “) today announced that the Toronto Stock Exchange (“ TSX “) has accepted InPlay’s notice of intention to renew its normal course issuer bid for a further one year term (the “ NCIB “). The previous NCIB expired on October 16, 2023. Pursuant to the Company’s previous NCIB, the Company purchased in the open market through the facilities of the TSX and through other alternative Canadian trading platforms and cancelled an aggregate of 190,400 common shares (“ Common Shares “) of the Company at an average price paid of $2.84 per Common Share. Under the NCIB, InPlay may purchase for cancellation, from time to time, as InPlay considers advisable, up to a maximum of 6,637,064 Common Shares, which represents 10% of the Company’s public float of 66,370,643 Common Shares as at October 31, 2023. As of the same date, InPlay had 90,925,401 Common Shares issued and outstanding. Purchases of Common Shares may be made on the open market through the facilities of the TSX and through other alternative Canadian trading platforms at the prevailing […]
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