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Dream Unlimited Corp. Renews Normal Course Issuer Bid and Announces Automatic Securities Purchase Plan

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO — Dream Unlimited Corp. (TSX: DRM)


  • Sep 19 2024
  • 15
  • 12017 Views
TORONTO -- Dream Unlimited Corp. (TSX: DRM) (“Dream”) announced today that the Toronto Stock Exchange (the “TSX”) accepted a notice filed by Dream to renew its prior normal course issuer bid for a one year period. Under the bid, Dream will have the ability to purchase for cancellation up to a maximum of 2,375,743 of its Class A Subordinate Voting Shares (representing 10% of Dream’s public float of 23,757,433 Class A Subordinate Voting Shares as of September 9, 2024) through the facilities of the TSX. The bid will commence on September 23, 2024 and remain in effect until the earlier of September 22, 2025 or the date on which Dream has purchased the maximum number of Class A Subordinate Voting Shares permitted under the bid. Daily repurchases will be limited to 7,009 Class A Subordinate Voting Shares, representing 25% of the average daily trading volume of the Class A Subordinate Voting Shares on the TSX during the last six calendar months (being 28,037 Class A Subordinate Voting Shares per day), other than purchases pursuant to applicable block purchase exceptions. As of September 9, 2024, the number of issued and outstanding Class A Subordinate Voting Shares is 40,458,858. Read More

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