{"id":16817,"date":"2022-08-15T23:03:20","date_gmt":"2022-08-15T23:03:20","guid":{"rendered":"https:\/\/tartisannickel.com\/?p=16817"},"modified":"2024-05-21T10:58:32","modified_gmt":"2024-05-21T14:58:32","slug":"tartisan-nickel-corp-announces-intention-to-commence-normal-course-issuer-bid-to-repurchase-up-to-5-of-its-common-shares-2","status":"publish","type":"post","link":"https:\/\/tartisannickel.com\/stage\/tartisan-nickel-corp-announces-intention-to-commence-normal-course-issuer-bid-to-repurchase-up-to-5-of-its-common-shares-2\/","title":{"rendered":"TARTISAN NICKEL CORP. ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID TO REPURCHASE UP TO 5% OF ITS COMMON SHARES"},"content":{"rendered":"\r\n

Toronto, Canada, August 15, 2022\u00a0<\/strong>\u2013\u00a0<\/strong>Tartisan Nickel Corp. (CSE:TN; OTCQX:TTSRF; FSE:8TA)\u00a0<\/strong>(\u201cTartisan\u201d, or the \u201cCompany\u201d) announces its intention to commence a normal course\u00a0issuer bid (\u201cNCIB<\/strong>\u201d), under which the Company may purchase up to 5,446,125 of the Company\u2019s\u00a0common shares, representing approximately 5% of the issued and outstanding common shares of the Company.<\/p>\r\n\r\n\r\n\r\n

Tartisan is\u00a0commencing the \u201cNCIB\u201d\u00a0because\u00a0the Company\u2019s management\u00a0believes that the underlying value of the Kenbridge Nickel Project which has a Mineral Resource Estimate and Preliminary Economic Assessment,\u00a0along with the Company\u2019s\u00a0assets as a whole, are not adequately reflected in the market price of\u00a0Tartisan\u2019s\u00a0common shares. Tartisan Nickel Corp. believes that the repurchase of its common shares for cancellation represents an appropriate use of\u00a0the Company\u2019s financial resources and will enhance shareholder value.<\/p>\r\n\r\n\r\n\r\n

The\u00a0\u201cNCIB\u201d\u00a0is expected to commence on August 22, 2022 and terminate on August 21, 2023. All common shares purchased\u00a0under the \u201cNCIB\u201d will be purchased on the open market\u00a0through the facilities of the Canadian Securities Exchange (the\u00a0\u201cCSE\u201d) and\/or alternative trading systems. All\u00a0purchases made under the \u201cNCIB\u201d will be at the prevailing market price for the\u00a0common shares at the time of purchase. Common shares acquired by the Company\u00a0under the \u201cNCIB\u201d\u00a0will be cancelled. Tartisan Nickel Corp. has appointed Independent Trading Group (ITG) Limited as its broker to conduct the\u00a0\u201cNCIB\u201d\u00a0purchases on its behalf.<\/p>\r\n\r\n\r\n\r\n

About Tartisan Nickel Corp.<\/p>\r\n\r\n\r\n\r\n

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in Northwestern Ontario, the Sill Lake Lead-Silver Project in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.<\/p>\r\n\r\n\r\n\r\n

Tartisan Nickel Corp.\u2019s\u00a0common shares are listed on the Canadian Securities Exchange (CSE:TN; OTCQX:TTSRF; FSE:8TA). Currently, there are 108,922,503 shares outstanding (120,218,018 fully diluted).<\/p>\r\n\r\n\r\n\r\n

For further information, please contact Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (info@tartisannickel.com<\/a>). Additional information about Tartisan Nickel Corp. can be found\u00a0at the Company\u2019s website at www.tartisannickel.com<\/a> or on SEDAR at\u00a0www.sedar.com<\/a>.<\/p>\r\n\r\n\r\n\r\n

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.<\/em><\/p>\r\n","protected":false},"excerpt":{"rendered":"

Toronto, Canada, August 15, 2022\u00a0\u2013\u00a0Tartisan Nickel Corp. (CSE:TN; OTCQX:TTSRF; FSE:8TA)\u00a0(\u201cTartisan\u201d, […]<\/p>\n","protected":false},"author":1,"featured_media":1393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-16817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"_links":{"self":[{"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/posts\/16817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/comments?post=16817"}],"version-history":[{"count":2,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/posts\/16817\/revisions"}],"predecessor-version":[{"id":17021,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/posts\/16817\/revisions\/17021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/media\/1393"}],"wp:attachment":[{"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/media?parent=16817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/categories?post=16817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tartisannickel.com\/stage\/wp-json\/wp\/v2\/tags?post=16817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}