02:05:35 EDT Mon 07 Jul 2025
Enter Symbol
or Name
USA
CA



Rok Resources Inc
Symbol ROK
Shares Issued 218,869,315
Close 2025-06-05 C$ 0.195
Market Cap C$ 42,679,516
Recent Sedar Documents

Rok Resources arranges buyback of up to 18.28 M shares

2025-06-05 18:30 ET - News Release

Mr. Bryden Wright reports

ROK RESOURCES ANNOUNCES NORMAL COURSE ISSUER BID

Rok Resources Inc. has received acceptance for its intention to make a normal course issuer bid (NCIB) through the facilities of the TSX Venture Exchange to purchase and cancel up to 18,284,409 in the capital of the company during the one-year period from June 10, 2025, to June 9, 2026.

The company's board of directors has authorized the NCIB, believing it to be in the best interests of both the company and its shareholders. The board considers it an effective use of the company's financial resources to return capital to shareholders by repurchasing common shares when their market price does not fully reflect their intrinsic value. Although the company presently intends to purchase common shares under the NCIB, there can be no assurance that any such purchases will be completed. All common shares purchased under the NCIB will be returned to treasury and cancelled.

As of June 5, 2025, the company has 219,769,315 common shares issued and outstanding and 182,844,090 common shares issued and outstanding after excluding common shares beneficially owned by directors and executive officers of the company and persons who beneficially own or exercise control or direction over more than 10 per cent of the issued and outstanding common shares of the company. The 18,284,409 common shares under the NCIB represent 10 per cent of the public float. Pursuant to TSX-V rules, the company may purchase up to but not more than 2 per cent of its issued and outstanding common shares in any 30-day period during the term of the NCIB.

National Bank Financial Inc. of Toronto, Ont., has been appointed by the company as its broker to facilitate the open-market purchase of its common shares pursuant to the NCIB. All purchases of common shares under the NCIB will be undertaken through the facilities of the TSX-V at the prevailing current market price of the common shares as traded on the TSX-V.

Shareholders of the company will be advised of the NCIB in the next quarterly report of the company to be filed on SEDAR+. Shareholders may obtain a copy of the notice of intention to make a normal course issuer bid from the company without charge.

About Rok Resources Inc.

Rok Resources is primarily engaged in petroleum and natural gas exploration and development activities in Alberta and Saskatchewan. It has offices located in both Regina, Sask., Canada, and Calgary, Alta., Canada. Rok's common shares are traded on the TSX-V under the trading symbol ROK.

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