Canbra Foods Ltd. to Make Normal Course Issuer Bid.LETHBRIDGE Lethbridge (lĕth`brĭj), city (1991 pop. 60,974), S Alta., Canada, on the Oldman River. Formerly a coal-mining center, Lethbridge is now a commercial and service center for an irrigated farming and ranching district. , ALBERTA--(BUSINESS WIRE)--June 25, 1997-- Canbra Foods Ltd.(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). CBF CBF Chesapeake Bay Foundation CBF Cerebral Blood Flow CBF Cooperative Baptist Fellowship CBF Confederação Brasileira de Futebol CBF Core Binding Factor CBF Chicagoland Bicycle Federation CBF Coronary Blood Flow CBF cubic feet . ) Canbra Foods Ltd. (CBF - TSE) has filed notice with The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. of its intention to make a normal course issuer bid to acquire up to 141,221 common shares, being approximately 5 percent of the 2,824,426 total issued common shares. Canbra Foods Ltd. may commence the acquisition of its common shares on June 27, 1997 and such purchases shall terminate on June 26, 1998 or such earlier date as the corporation completes its purchases pursuant to the normal course issuer bid. Purchases may be effected through the facilities of The Toronto Stock Exchange and the price will not exceed the market price of such shares at the time of acquisition. In the view of the board of directors of Canbra Foods Ltd., purchases of common shares at or near the current market price would be advantageous to shareholders retaining their shares. Canbra Foods Ltd. is one of the largest publicly-owned, fully- integrated oilseed oilseed the seeds of the linseed plant, rapeseed or canola, peanut, safflower (Carthamus tinctorius); biproduct oils from seeds include corn, grapeseed, olive, sesame, sunflower. processors in Canada with head offices in Lethbridge, Alberta. The common shares of the corporation are listed on The Toronto Stock Exchange. CONTACT: Canbra Foods Ltd. Mr. Keith Beerling, 403/ 329-5573 |
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