GURU Organic Energy (GUROF) announced that the Toronto Stock Exchange has approved the notice filed by the Company to renew its normal course issuer bid with respect to its common shares. The notice provides that GURU may, during the 12-month period commencing July 25, 2025, and ending no later than July 24, 2026, purchase up to 1,514,144 Shares, representing approximately 5% of the 30,282,886 Shares outstanding as at July 14, 2025, through the facilities of the TSX or alternative Canadian trading systems, at times and in numbers to be determined by the Company. All shares purchased under the NCIB will be purchased on the open market and in accordance with the rules and policies of the TSX at the prevailing market prices and cancelled. The average daily trading volume of the Shares on the TSX for the most recently completed six calendar months is 10,803. Pursuant to the rules and policies of the TSX, daily purchases under the NCIB will be limited to 2,700 Shares, representing 25% of the average daily trading volume, except pursuant to certain prescribed exceptions.
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