Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan

CALGARY, Alberta, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company commencing a normal course issuer bid ("Bid"). Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 9,407,490 common shares of the Company ("Common Shares"). The Bid will commence on January 22, 2026, and will terminate on January 21, 2027, o ...