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GoldSpot Announces Normal Course Issuer Bid
https://www.newsfilecorp.com/r…-Normal-Course-Issuer-Bid
GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange, subject to receipt of regulatory approval.Upon receiving regulatory approval, GoldSpot may, during the 12 month period commencing May 4, 2021 and ending May 3, 2022, purchase on the TSX Venture Exchange up to 4,736,243 common shares in total, representing approximately 5% of the common shares of GoldSpot currently issued and outstanding. The price which GoldSpot will pay for any such common shares will be the market price at the time of acquisition. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by GoldSpot. GoldSpot has retained Haywood Securities Inc. to effect purchases on its behalf pursuant to the bid. GoldSpot is effecting the bid at this time as it believes that its common shares are undervalued at their current market prices and that the purchase of common shares would be a prudent use of funds.
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