12:31 PM EST - Pacific Rubiales Energy Corp. : announced today that it has filed a Notice of Intention with the Toronto Stock Exchange to commence a normal course issuer bid. Under the bid, which is subject to acceptance by the TSX, the Company will have the right to purchase up to a maximum of 31,075,887 common shares in the capital of the Company through the standard facilities of the exchanges on which the Common Shares are listed. This amount represents 10% of the public float (the issued and outstanding Common Shares not held by insiders) of the Company as of April 26,, determined in accordance with the applicable rules of the TSX. Pacific Rubiales Energy Corp.
shares T.PRE are trading up $0.42 at $21.15.
