03:50 PM EST - Bonnett's Energy Corp : announced today that the Toronto Stock Exchange has accepted notice of the Corporation's intention to make a normal course issuer bid through the facilities of the TSX. The bid will permit the Corporation to purchase for cancellation up to 518,700 common shares of the Corporation, representing approximately 10% of the Corporation's public float of 5,187,007 common shares and which represents approximately 3.6% of the Corporation's issued and outstanding common shares (being 14,570,243 common shares as at May 13). Daily purchases will be limited to 6,672 common shares, other than block purchases. Bonnett's Energy Corp
shares T.BT are trading down $0.10 at $4.90.
