An anonymous director reports
VIBE ANNOUNCES NORMAL COURSE ISSUER BID
Vibe Growth Corp. intends to effect a normal course issuer bid (NCIB) through the facilities of the Canadian Securities Exchange.
Pursuant to the NCIB, Vibe may purchase on the Canadian Securities Exchange up to an aggregate of approximately 66,090 common shares, which is equal to 10 per cent of Vibe's public float of 660,897 on May 15, 2026. On May 15, 2026, Vibe had 1,079,699 issued and outstanding common shares. The price Vibe will pay for any such common shares will be the market price at the time of the acquisitions. The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined at management's discretion.
Vibe has retained Independent Trading Group Inc. (ITG) to co-ordinate and facilitate its purchases of common shares under the NCIB. Purchases are expected to commence on or after May 21, 2026, and conclude on May 21, 2027, or an earlier date in the event purchases under the NCIB have been completed or as determined by management.
About Vibe Growth Corp.
Vibe Growth and its cannabis retail brand, Vibe Cannabis, with retail dispensaries in California and Oregon; commercial cannabis distribution; brand sales and marketing; e-commerce platform. In California, Vibe is focused on maximizing shareholder value through accelerating organic growth, opportunistic acquisitions, distressed workouts and new licence applications. The company operates retail and e-commerce under its iconic Vibe Cannabis brand.
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