PEORIA, ARIZ., September 24 /CNW/ - Antigua Enterprises Inc. (Pink
Sheets: ANTGF) (TSX VENTURE: ANE) ("Antigua") advises that the TSX Venture
Exchange ("TSX-V") has accepted Antigua's Notice of Intention To Make A Normal
Course Issuer Bid to purchase some of its common shares through the facilities
of the TSX-V. The normal course issuer bid will commence September 17, 2007,
and terminate not later than September 17, 2008.
Antigua seeks to purchase for cancellation up to 2,081,159 common shares
at a price not to exceed Cdn$0.30 per common share over the course of the next
twelve months, being 5% of its issued and outstanding common shares as of
September 17, 2007. No more than 2% of the outstanding shares will be
purchased in any 30-day period. As of September 17, 2007, Antigua had
41,623,185 common shares issued and outstanding.
The purchase of and payment for the common shares of Antigua purchased
pursuant to the normal course issuer bid will be made by Antigua in accordance
with the policies and rules of the TSX-V and the price which Antigua will pay
for any such common shares will be the market price of such common shares at
the time of acquisition. Antigua has retained Global Securities Corporation as
its broker to conduct the normal course issuer bid on behalf of Antigua.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
For further information:
For further information: Antigua Enterprises Inc., Peoria, Arizona Keith