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Hemisphere Energy to buyback 8.9M shares

Jul. 07, 2022 6:24 AM ETHemisphere Energy Corporation (HMENF), HME:CABy: Deepa Sarvaiya, SA News Editor2 Comments
  • TSX Venture Exchange accepts Hemisphere Energy (OTCQX:HMENF) intention to renew of its normal course issuer bid to purchase for cancellation, from time to time, as Hemisphere considers advisable, up to 8,905,836 common shares of the Company, representing ~10% of the current public float of the common Shares.
  • The NCIB will commence on July 14, 2022 and will terminate on July 13, 2023.

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Comments (2)

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Hedges begin to roll off in the next couple of months. FCF will go even higher.
Derek Teed profile picture
Trading around 25%-30% FCF yield with about 0 net debt. Crazy times.
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