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Danier Leather proposes 'Normal course issuer bid'

05 May '08

2 min read

The Corporation believes that the purchase of its subordinate voting shares at prevailing market prices may, from time-to-time, be a worthwhile investment for the Corporation. Subordinate voting shares that are purchased pursuant to the normal course issuer bid will be cancelled by the Corporation, thereby enhancing the remaining shareholders' value by increasing their proportionate interests.

The Corporation's subordinate voting shares are listed and posted for trading on the TSX.

Danier Leather Inc

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