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Toronto, February 25, 2025 (Globe Neuwais) – Halmont Properties Corporation (TSX-V: HMT) (“Halmont” or “The Company”) announced today that the company's notification of the intention submitted to TSX Venture Exchange (“TSXV”) to purchase to cancel up to 4,642,598 multiple voting shares for the company (“multiple voting shares”, represents 10 % From the general company floating (as specified in this period in the TSXV 1.1 corporate financing policy from February 25 2025, approved.
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Purchases will be performed under regular source bids (“giving”) through TSXV facilities. The period of the show will extend from March 4, 2025 to March 3, 2026 (“The term giving”). Halmont will pay the market price at the time of acquisition of any multiple voting shares purchased under the tender. Any purchase of multiple voting shares will be facilitated by RBC Capital Markets. The company believes that the reformulation of multiple voting shares at the market price prevailing from time to time is a worthy use of money and the company's interests and shareholders. The actual number of the multiple voting shares that has been purchased, if any, and the timing of these purchases by Halmont, will be determined, taking into account market conditions, stock prices, cash position and other factors. During the presentation period, the total total of all purchases carried out by the company in the previous thirty days will not exceed either through the stock market facilities or so on, 2 % of the total and entitled voting shares due at the time the purchases are performed. All multiple voting shares that have been purchased will be purchased according to the bid of cancellation.
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The shareholders may obtain a copy of the notification, without fees, by contacting Halmont.
Halmont Properties Corporation is investing directly in real assets, including commercial real estate, forest and residential.
This news statement includes some aspiration data, including management evaluation of the company's future plans, supply and any purchases through supply and operations based on current views and expectations. All data, unlike historical facts, are data looking forward. These phrases contain known and unknown risks and cracks, some of which are out of the company's control. The actual results of the company, its performance, or the accomplishment of the company can differ from those expressed in these aspecting data. Readers should not rely on these aspecting data, which represent estimates and assumptions only from the date of presenting these data. The company does not undertake any commitment to review or update any aspecting data, whether as a result of new information, future events, or otherwise.
For additional information:
Heather M. Fitzbatrick
president
T: 647-448-7147
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