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Cangene Corporation (CC:CNJ) Announces Amendment to Normal Course Issuer Bid


11/12/2009 11:27:07 AM

TORONTO and WINNIPEG, Nov. 12 /CNW/ - Cangene Corporation (the "Corporation") today announces that the Toronto Stock Exchange (the "TSX") has approved an amendment to the Corporation's Normal Course Issuer Bid (the "Bid") to increase the maximum number of common shares of the Corporation ("Common Shares") available for purchase under the Bid from 1,000,000 Common Shares to 1,500,000 Common Shares, representing 2.19% of the outstanding Common Shares on April 20, 2009, which is the date of the Notice of Intention to Make a Normal Course Issuer Bid. At April 20, 2009, there were 68,481,670 Common Shares issued and outstanding.

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