Golden Arrow Resources Corporation (GRG.V) has completed its share buyback strategy that represented a reduction of 24% of outstanding shares prior to the commencement of the buybacks.
The repurchase of 5,393,000 shares pursuant to a notice of dissent received from a shareholder prior to the September 11th 2012 Special and Annual General Meeting. The shares were re-purchased at a price of $0.30 per share, representing 9.76 % of the company's issued and outstanding shares.
GRG was last trading at 30 cents per share.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
