11:54 AM EST - Sprott Resource Corp. : announced that it intends to commence a normal course issuer bid to repurchase up to 8.5 million of its common shares, representing approximately 9.54% of the public float of SRC and approximately 8.52% of the total number of issued and outstanding Shares. As at August 30, there were 99,719,097 Shares of SRC outstanding. Sprott Resource Corp.
shares T.SCP are trading up $0.15 at $2.92.