Subject to
Purchases under the renewed NCIB may commence on about
The board of directors of the Company has authorized the renewed NCIB as such purchases constitute, in their opinion, an appropriate use of funds which will benefit both the Company and its shareholders.
Under the existing NCIB, the Company obtained approval to purchase up to 2,904,512 Common Shares and actually purchased 335,000 Common Shares at an average price of approximately
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Disclaimer for Forward-Looking Information
This press release may contain forward-looking information or forward-looking statements (collectively 'forward-looking information') within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'postulate' and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking information in this news release includes, without limitation, statements regarding the Company's intention to commence its renewed NCIB, the potential purchases of Common Shares for cancellation under the renewed NCIB program, and the anticipated timing and the extent of such purchases under the renewed NCIB program. Although West Vault believes that such information as set out in this press release is reasonable, it can give no assurance that such expectations and estimates will prove to be correct. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors, including the state of the financial markets for the Company's equity securities. The reader is referred to the Company's public filings for a more complete discussion of its risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.
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