- Mundoro Capital (OTCQB:MUNMF) has announced that it has submitted notice to the TSX Venture of its intention to make a normal course issuer bid.
- Pursuant to the proposed NCIB Program, the Company plans to purchase for cancellation up to a maximum of 5.22M of its common shares, or approximately 5% of the common shares outstanding. As of November 4, 2023, there were 104.4M common shares issued and outstanding.
- The company believes that its common shares market price do not reflect the underlying value of the company
- Source: Press Release
