09:45 AM EST - Alcanna Inc. : Announced today that its Board of Directors has authorized a substantial issuer bid to purchase, for cancellation, a number of common shares of the Company for an aggregate purchase price not exceeding $30,000,000. The Offer will expire at 5:00 p.m. ( Toronto time) on May 12, unless extended, varied or withdrawn by Alcanna. The Offer will be funded through existing cash on hand and available credit facilities, if needed. Alcanna Inc.
shares T.CLIQ are trading up $0.26 at $7.78.
