Source: FansUnite.
  • FansUnite Entertainment (FANS) has announced a normal course issuer bid (NCIB)
  • During the NCIB, the company may purchase up to 16,115,728 shares
  • All shares purchased under the NCIB will be cancelled
  • FansUnite is a global sports and entertainment company
  • FansUnite (FANS) opened trading at C$0.19

FansUnite Entertainment (FANS) has announced a normal course issuer bid (NCIB).

For 12 months beginning on June 15th, the company may purchase up to 16,115,728 shares.

All purchases under the NCIB will be made through Research Capital Corporation, and all shares purchased will be cancelled.

FansUnite believes that the market price of its shares may not fully reflect their value and that the NCIB will provide added value and liquidity to its shareholders.

FansUnite is a global sports and entertainment company focused on the technology underlying online gaming.

FansUnite (FANS) opened trading at C$0.19.

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