Geodrill Limited (TSX:GEO) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,343,820 ordinary shares, representing 5% of its issued share capital. The repurchased shares will be cancelled.

The bid is valid till June 6, 2024. As of June 2, 2023, the company had 46,921,400 ordinary shares issued and outstanding.