Core Viewpoint - Fairfax Financial Holdings Limited has announced its intention to commence a Normal Course Issuer Bid (NCIB) for its Subordinate Voting Shares and specific series of Preferred Shares, believing these represent an attractive investment opportunity [1][3]. Summary by Sections NCIB Details - The NCIB will commence on September 30, 2025, and end on September 29, 2026, allowing for the purchase of Subordinate Voting Shares and Preferred Shares up to specified limits [2]. - The limits on purchases are as follows: - Subordinate Voting Shares: 22,477,575 outstanding, with a total limit of 2,187,316 and a daily limit of 11,371 [2]. - Series I Shares: 10,420,101 outstanding, with a total limit of 1,042,010 and a daily limit of 3,424 [2]. - Series J Shares: 1,579,899 outstanding, with a total limit of 157,989 and a daily limit of 1,000 [2]. - Series K Shares: 9,500,000 outstanding, with a total limit of 950,000 and a daily limit of 1,571 [2]. Previous NCIB Performance - Under its existing NCIB, Fairfax has purchased 837,057 Subordinate Voting Shares at an average price of Cdn.$2,090.47, with no Preferred Shares purchased [4]. Automatic Share Purchase Plan (ASPP) - Fairfax has entered into an ASPP with a designated broker to facilitate purchases during regulatory restrictions or internal trading black-out periods [5]. - The ASPP will be effective from September 30, 2025, and will terminate upon reaching the maximum purchase limit, expiration of the NCIB, or termination by Fairfax [7]. Company Overview - Fairfax is primarily engaged in property and casualty insurance and reinsurance, along with associated investment management through its subsidiaries [8].

Core Points - Firan Technology Group Corporation (FTG) has received approval from the Toronto Stock Exchange (TSX) for a Normal Course Issuer Bid (NCIB) to repurchase up to 1,258,669 common shares, approximately 5% of its outstanding shares as of September 16, 2025 [1][2] - The repurchase program will commence on September 30, 2025, and will last for 12 months, concluding on September 29, 2026, or when the purchases are completed [1][2] - FTG did not repurchase any shares under its previous NCIB, which allowed for the repurchase of 1,193,740 shares [3] Company Overview - FTG operates in the aerospace and defense electronics sector, supplying products and subsystems globally [5][6] - The company has two main operating units: FTG Circuits, which manufactures high-reliability printed circuit boards, and FTG Aerospace, which designs and manufactures illuminated cockpit products and electronic assemblies [5][6] - FTG has operations in multiple locations, including Toronto, California, Virginia, Minnesota, Massachusetts, and a joint venture in Tianjin, China [5][6]

Core Points - Dream Unlimited Corp. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid for one year [1] - The company plans to repurchase up to 2,318,152 of its Class A Subordinate Voting Shares, which represents 10% of its public float of 23,181,529 shares as of September 12, 2025 [1]

Core Viewpoint - TWC Enterprises Limited intends to initiate a normal course issuer bid to repurchase up to 1,208,438 common shares, approximately 5% of its outstanding shares, due to perceived undervaluation in the market [1][2][4]. Group 1: Issuer Bid Details - The normal course issuer bid will commence on September 20, 2025, and conclude on September 19, 2026 [2]. - TWC plans to purchase common shares at market price, with management determining the number and timing of purchases [2]. - Under the current issuer bid expiring on September 19, 2025, TWC has purchased 233,483 common shares at an average cost of $21.80 [3]. Group 2: Market Perception and Impact - TWC believes its common shares are undervalued relative to the company's business and future prospects, making them an attractive investment [4]. - The repurchase of shares is expected to benefit existing shareholders by increasing their proportional interest in the company [4]. Group 3: Company Profile - TWC is the largest owner, operator, and manager of golf clubs in Canada, operating under the trademark "ClubLink One Membership More Golf" [5]. - The company manages 47 championship golf courses and 2.5 academy courses across 35 locations in Ontario, Quebec, and Florida [5].

Core Viewpoint - Gibson Energy Inc. has announced the renewal of its Normal Course Issuer Bid (NCIB), allowing the company to repurchase up to 7.5% of its public float over the next year, starting September 18, 2025 [2][4]. Group 1: NCIB Details - The Board of Directors has approved the renewal of the NCIB, which allows the company to purchase and cancel up to 10,182,288 common shares, representing 7.5% of the public float as of September 15, 2025 [2]. - The NCIB will be conducted in accordance with TSX rules, with a daily purchase limit of 164,279 common shares, which is 25% of the average daily trading volume over the six months ending August 31, 2025 [3]. - The NCIB will terminate on the earlier of September 17, 2026, or when the maximum number of shares has been purchased [3]. Group 2: Share Repurchase Strategy - The price for repurchased shares will be based on the market price at the time of purchase, with the company aiming to maximize returns to shareholders through the NCIB [4]. - The company did not repurchase any shares under the previous NCIB that ran from September 18, 2024, to September 17, 2025, despite having approval for 9,958,026 shares [4]. Group 3: Automatic Purchase Plan - Gibson has renewed its automatic purchase plan with BMO Nesbitt Burns Inc., allowing for share purchases at any time, including during regulatory restrictions or blackout periods [5]. Group 4: Company Overview - Gibson Energy is a leading liquids infrastructure company, focusing on the storage, optimization, processing, and gathering of liquids and refined products, with operations across North America [6].

Corporate Update - Kolibri Global Energy Inc. is providing updates on upcoming investor conferences and its Normal Course Issuer Bid [1] - The company has repurchased 267,637 common shares at an average price of US$6.38 per share in 2025 [4] Investor Conferences - Mr. Regener will present at the Sidoti September Virtual Investor Conference on September 18, 2025, at 3:15 PM Eastern Time [2] - Mr. Regener is also scheduled to present at the Lytham Partners Investor Conference on September 30, 2025, at 12:30 PM ET [3] Operations Update - The initial thirty-day average production rates for the Lovina wells in Oklahoma are as follows: Lovina 9-16-1H at 565 BOEPD, Lovina 9-16-2H at 629 BOEPD, and Lovina 9-16-3H at 510 BOEPD [8] - Average production for the second quarter of 2025 was 3,220 BOEPD, a 3% increase from 3,128 BOEPD in the second quarter of 2024 [9]

Core Points - Maxim Power Corp. has received approval from the Toronto Stock Exchange to proceed with a normal course issuer bid (NCIB) to purchase up to 3,182,528 common shares, representing approximately 5% of its issued and outstanding shares as of September 2, 2025 [1][2][4] - The NCIB will commence on September 16, 2025, and may continue until September 15, 2026, or until completed or terminated by the company [2] - An automatic share purchase plan (ASPP) will be implemented to facilitate share purchases during internal trading black-out periods [3] - The management believes that the market price of the shares may not fully reflect their underlying value, making share repurchases beneficial for shareholders [4] - The current NCIB follows a previous one that allowed the purchase of up to 2,529,885 shares, under which 117,272 shares were bought at a weighted average price of $4.47 per share [5] - Maxim Power Corp. is focused on power projects in Alberta, with its core asset being the 300 MW H.R. Milner Plant, and is exploring additional development options including gas-fired and wind power generation projects [6]

Core Viewpoint - Urbana Corporation has announced its intention to conduct a normal course issuer bid to purchase up to 3,107,305 of its non-voting Class A shares, representing 10% of the public float, as accepted by the Toronto Stock Exchange [1][4]. Group 1: Issuer Bid Details - The purchases under the bid may commence on September 9, 2025, and will terminate on the earlier of September 8, 2026, or upon completion of the purchases [2]. - Purchases will be made on the open market through TSX, Canadian Securities Exchange, or other permitted means, with Caldwell Securities Ltd. handling the purchases [3]. - The price for the shares will be the market price at the time of acquisition, and purchased shares will be cancelled [3]. Group 2: Purchase Limits and Previous Bids - Urbana will not purchase more than 2,584 Class A Shares on any given day through TSX, which is 25% of the average daily volume of 10,336 shares [3]. - Urbana previously sought approval to purchase up to 3,107,404 Class A Shares from September 9, 2024, to September 8, 2025, but had not purchased any shares under that bid as of August 29, 2025 [4]. Group 3: Rationale for Share Buyback - The company believes that the market price of its Class A Shares may be attractive at times, and purchasing shares would be an appropriate use of corporate funds, benefiting remaining shareholders [5].

Core Viewpoint - Calian Group Ltd. has announced its intention to initiate a normal course issuer bid (NCIB) to repurchase shares, reflecting the company's belief that its current share price undervalues its intrinsic strength and long-term potential [2][6]. Group 1: NCIB Details - The NCIB will allow Calian to purchase up to 796,283 shares, approximately 10% of its public float, during the period from September 1, 2025, to August 31, 2026 [2][8]. - As of August 18, 2025, Calian had 11,344,555 shares issued and outstanding, and the daily purchase limit will not exceed 8,318 shares, which is 25% of the average daily trading volume [2][8]. - The company has entered into an automatic share purchase plan (ASPP) with Desjardins Securities Inc. to facilitate share purchases during regulatory restrictions or blackout periods [4][5]. Group 2: Financial Performance and Outlook - Since initiating the previous NCIB in August 2023, Calian has repurchased 704,450 shares for a total investment of $33 million, demonstrating a strong commitment to shareholder value [2]. - The company has achieved over 10 consecutive years of record revenue and has a backlog of $1.5 billion, indicating robust growth potential, particularly in the defense sector [2][6]. Group 3: Shareholder Benefits - The board believes that repurchasing shares at current market prices is a desirable use of corporate funds, which is expected to benefit all shareholders by increasing their equity interest when repurchased shares are cancelled [6][7].

Core Viewpoint - The Sustainable Innovation & Health Dividend Fund has received approval for a normal course issuer bid, allowing it to repurchase units in the open market, which is seen as beneficial for the Fund's interests [1][2]. Group 1: Issuer Bid Details - The normal course issuer bid (NCIB) will commence on September 3, 2025, and terminate on September 2, 2026 [1]. - The Fund may purchase up to 205,881 units, which is 10% of the public float, during the 12-month period [2]. - In any 30-day period, the Fund may not purchase more than 41,556 units, representing 2% of the units issued and outstanding [2]. Group 2: Previous Purchases - As of August 20, 2025, the Fund had purchased 37,100 units at an average price of $13.18 per unit under its previous NCIB [2]. - The Fund had the ability to purchase up to 285,945 units under its last NCIB [2]. Group 3: Fund Structure - The Fund had 2,077,817 units issued and outstanding as of August 20, 2025, including 2,058,817 units in the public float [2]. - The Fund trades on the TSX under the symbol "SIH.UN" [3].