Voyageur Mineral Explorers Announces Intention to Commence Normal Course Issuer Bid
301-141 Adelaide Street West, Toronto, ON M5H 3L5
Voyageur Mineral Explorers Announces Intention to Commence Normal Course Issuer
Bid
Toronto, Ontario January 29, 202 5 – Voyageur Mineral Explorers Corp. ( “Voyageur” or the
“Company”) (CSE: VOY) is pleased to announce its intention to commence a normal course
issuer bid (the “NCIB”), under which it may purchase up to an aggregate of 1,613,419 common
shares of the Company ("Common Shares"), representing approximately 5% of the 32,268,397
issued and outstanding Common Shares.
The Company may purchase Common Shares under the NCIB over a 12-month period beginning
on February 4, 2025, and ending on February 3, 2026. All Common Shares purchased under the
NCIB will be purchased on the open market through the facilities of the Canadian Securities
Exchange (the “ CSE”) at the prevailing market price of the Common Shares at the time of
purchase and in accordance with the policies of the CSE and applicable Canadian securities
laws.
The Company will fund the purchases of Common Shares under the NCIB with cash on hand.
The exact timing and amount of any purchases of Common Shares made pursuant to the NCIB
will depend on market conditions and other factors. The Company is not obligated to acquire any
Common Shares and may suspend or discontinue purchases under the NCIB at any time. Any
Common Shares purchased by the Company under the NCIB will be cancelled upon their
purchase.
Subject to the maximum number of Common Shares which may be purchased u nder the NCIB,
the Company may purchase under the NCIB up to such number of Common Shares equal to
2.0% of its issued and outstanding Common Shares over any 30-trading day period.
The Company intends to commence the NCIB as it believes that the market price of the Common
Shares may not fully reflect the value of its business and prospects, and as such it believes that
purchasing its own Common Shares for cancellation is an appropriate strategy for increasing long-
term shareholder value and represents an appropriate use of the Company's financial resources.
The Company has appointed Leede Financial Inc. to co -ordinate and facilitate the NCIB
transactions on its behalf.
About Voyageur Mineral Explorers Corp.
Voyageur is a Canadian junior mineral exploration company with a specific focus on mineral
properties in Northwest Manitoba and Northeast Saskatchewan, Canada. The Company owns a
valuable package of royalties in the prolific Flin Flon greenstone belt, and has assembled a
portfolio of base metal and precious metal prospects in Manitoba and Saskatchewan.
For further information, please contact:
Fraser Laschinger
President and CEO
Voyageur Mineral Explorers Corp.
Tel: (416) 628-5910
Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the
meaning of applicable securities laws including, but not limited to, statements with respect to the
timing of the commencement and cessation of the NCIB, the means by which the Company will
fund the purchases of Common Shares pursuant to the NCIB , and the Company's belief that
purchasing its Common Shares under the NCIB is an appropriate strategy for increasing long -
term shareholder value and represents an appropriate use of the Company's financial resources.
The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”,
“may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended
to identify forward -looking information or statements. The forward -looking statements and
information are based on certain key expectations and assumptions made by the Company.
Although the Company believes that the ex pectations and assumptions on which such forward -
looking statements and information are based are reasonable, undue reliance should not be
placed on the forward -looking statements and information because the Company can give no
assurance that they will prove to be correct.
Since forward-looking statements and information address future events and conditions, by their
very nature they involve inherent risks and uncertainties. Actual results could differ materially from
those currently anticipated due to a number of factors an d risks. Factors which could materially
affect such forward-looking information are described in the risk factors in the Company’s most
recent annual management's discussion and analysis that is available on the Company’s profile
on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not
exhaustive. The forward-looking statements included in this press release are expressly qualified
by this cautionary statement. The forward -looking statements and information contained in th is
press release are made as of the date hereof and the Company undertakes no obligation to
update publicly or revise any forward -looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by applicable securities laws.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined
in the policies of the Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this news release.