Business Services Industry
Mosaic announces normal course issuer bid
Business Wire, Sept 19, 1996
TORONTO--(BUSINESS WIRE)--Sept. 19 1996--MOSAIC(TSE: MGX) Mosaic Group Inc. announces that, subject to regulatory approval, it intends to make a Normal Course Issuer Bid through the facilities of The Toronto Stock Exchange for up to 864,345 common shares of Mosaic, representing 5 percent of its outstanding common shares as at the date hereof.
Purchases under the bid may commence on September 20, 1996 and will terminate on September 19, 1997 or on such earlier date as Mosaic may complete its purchases pursuant to the bid.
Mosaic Group provides sales and marketing services including the recruitment, training and management of outsourced sales forces as well as creative promotional marketing services, design services and direct marketing programs. Mosaic shares trade on the TSE under the symbol MGX.
CONTACT: Mosaic Group Inc.
G. Michael Preston, 416/862-8300
or
Hume, Kieran Inc.,
Jon W. Kieran, 416/868-1079
or
Hume, Kieran Inc.,
Marla Gale, 416/868-1079
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