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Stocks in play: Source Energy Services Ltd.

Baystreet - Fri May 9, 2025

Announced that the Toronto Stock Exchange has accepted Source’s notice of intention to implement a Normal Course Issuer Bid. As of April 30, 2025, there were 13,545,055 Common Shares outstanding; however, pursuant to Source’s Term Loan agreement due December 20, 2029, Source is planning to acquire under the NCIB the lesser of $5 million worth of its Common Shares, or 750,000 Common Shares. Source Energy Services Ltd. shares T.SHLE are trading up $0.95 at $11.35.