TSX Symbol: TCZ
TORONTO, Aug. 28 /CNW/ - Trident Performance Corp. II (the "Corporation")
intends to purchase for cancellation up to 449,060 of its Shares by way of a
normal course issuer bid through the facilities of The Toronto Stock Exchange.
The 449,060 Shares represent 10% of the public float of the Corporation being
4,490,600 Shares as at August 25, 2009. The number of issued and outstanding
Shares as at August 25, 2009 is 4,510,000.
The purchases may commence on September 1, 2009 and will terminate on
August 31, 2010, or on such earlier date as the Corporation may complete its
purchases pursuant to a notice of intention filed with The Toronto Stock
Exchange or provide notice of termination. Any such purchases will be made by
the Corporation at the prevailing market price at the time of such purchases
in accordance with the requirements of The Toronto Stock Exchange. The
Corporation will not purchase in any given 30-day period, in aggregate, more
then 90,200 Shares, being 2% of the issued and outstanding Shares as of the
This is the Corporation's first normal course issuer bid.
For further information:
For further information: David R. McBain, Senior Vice-President, CI
Investments Inc., Tel.: (416) 364-1145, Toll Free: 1-800-268-9374