TRIDENT PERFORMANCE CORP. - CLASS A WARRANTS MAKES A NORMAL COURSE ISSUER
BID
TSX Symbol: TCP.WT
TORONTO, Oct. 19 /CNW/ -Trident Performance Corp. (the "Corporation") intends to purchase for cancellation up to 199,350 of its Class A Warrant (the "Warrant") by way of a normal course issuer bid through the facilities of The Toronto Stock Exchange. The 199,350 Warrants represent 10% of the public float of the Corporation being 1,993,500 Warrants as at October 12, 2010. The number of issued and outstanding Warrants as at October 12, 2010 is 2,071,200.
The purchases may commence on October 21, 2010 and will terminate on February 28, 2011, or on such earlier date as the Corporation may complete its purchases pursuant to a notice of intention filed with The Toronto Stock Exchange or provide notice of termination. Any such purchases will be made by the Corporation at the prevailing market price at the time of such purchases in accordance with the requirements of The Toronto Stock Exchange. The Corporation will not purchase in any given 30-day period, in aggregate, more than 41,424 warrants, being 2% of the issued and outstanding Warrants as of the date hereof.
For further information:
David C. Pauli
Executive Vice-President
CI Investments Inc.
Tel.: 416-364-1145
Toll Free: 1-800-268-9374
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