11:44 AM EDT, 04/07/2025 (MT Newswires) -- Kenorland Minerals ( KLDCF ) on Monday said it obtained exchange approval for a new normal course issuer bid (NCIB), to begin on April 10 and run for up to 12 months.

The company may buy and cancel up to 3.9-million shares under the NCIB, which represents about 5% of the shares outstanding as at March 31. Over any 30-day period, Kenorland will not buy more than 1.6 million shares in total, which represents 2% of the shares issued and outstanding.

Under its current NCIB, which expired on Monday, the company bought back none of an allowed 3.2-million shares.

Shares of the company were last seen down $0.02 to $1.19 on the TSX Venture Exchange.

Price: 1.19, Change: -0.02, Percent Change: -1.65