08:33 AM EST, 11/28/2024 (MT Newswires) -- Amerigo Resources ( ARREF ) on Thursday said the Toronto Stock Exchange approved the company's buyback of up to 12 million shares.

The normal course issuer bid (NCIB) will run for one year beginning on Dec. 2.

Under its current NCIB, which ends on Dec. 1., Amerigo has bought back 1.44 million shares at a weighted average purchase price of $1.76 each.