08:20 AM EDT, 10/17/2025 (MT Newswires) -- Blue Ant Media ( BRMIF ) , a global streamer, production studio, and rights-management business, that saw its shares gain more than 6% Thursday, announced overnight that it received approval from the Toronto Stock Exchange respecting the establishment of a normal course issuer bid (NCIB).

The company said during the twelve-month period starting Oct. 20, 2025 and ending Oct. 19, 2026, it may buy up to 1.1-million subordinate voting shares (SV shares) representing 5% of its issued and outstanding SV shares. There are 21.9-million SV shares issued and outstanding as of Oct. 15.

Blue Ant also entered into an automatic securities purchase plan with its designated broker, Cormark Securities, in connection with its NCIB to facilitate the purchase of SV shares during times when the company would ordinarily not be permitted to buy SV shares due to regulatory restrictions or self-imposed black-out periods.

Shares of the company closed up $0.50 to $8.68 on the Toronto Stock Exchange Thursday.