Trius Investments Inc. Announces Normal Course Issuer Bid
NEWS RELEASE TSXV:TRU FOR IMMEDIATE RELEASE
TRIUS INVESTMENTS INC. ANNOUNCES NORMAL COURSE ISSUER BID
December 11, 2013 – Calgary, Alberta ‐ Trius Investments Inc. ("Trius" or the "Company”) announced that it has filed with the TSX Venture Exchange a Notice of Intention to purchase its common shares from time to time in accordance with the normal course issuer bid procedures under Canadian securities laws.
Pursuant to the issuer bid, Trius may purchase for cancellation up to 1,050,667 of its common shares, representing 10% of its public float, during the 12‐month period commencing December 18, 2013. The price which Trius will pay for any shares under the normal course issuer bid will be the market price at the time of purchase. The purchases will be made through the TSX Venture Exchange. The brokerage firm conducting the normal course issuer bid on behalf of Trius is Leede Financial Markets Inc. Subject to regulatory approval, the normal course issuer bid will commence on December 18, 2013 and terminate on December 17, 2014.
The Corporation believes that the purchase of its shares at recent market prices is a worthwhile investment since recent market prices of its shares do not properly reflect the underlying value of its assets and business. To the extent that the Corporation purchases for cancellation such shares in accordance with the normal course issuer bid, the holdings of remaining shareholders would represent an increased proportion of the shares outstanding and, all other things remaining equal, are expected to result in an increased net asset value per share.
For more information, please contact:
Gordon Wheaton
President & CEO Telephone: 506‐459‐2044 Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.