Destiny Media Technologies Inc. Announces Normal Course Issuer Bid
Destiny Media Technologies Inc. Announces Normal Course Issuer Bid
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2023) - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY) ("Destiny" or the "Company") announced today that the Company intends to conduct a normal course issuer bid (the "Bid") pursuant to which the Company may purchase up to a maximum of 506,213 shares of common stock in the capital of the Company ("Shares"), representing approximately 5% of the outstanding Shares. No more than 2% of the outstanding Shares may be purchased in any 30-day period.
不列顛哥倫比亞省溫哥華-(Newsfile Corp.-2023年5月1日)-Destiny Media Technologies Inc.(TSXV：DSY)(OTCQB：DSNY)(“宿命“或”公司“)今天宣佈，本公司擬進行正常進程發行人投標(”投標“)據此，本公司可購買最多506,213股本公司股本中的普通股(”股票“)，約佔流通股的5%。在任何30天的期間內，不得購買超過2%的流通股。
The Company intends to commence the Bid on or about May 5, 2023 and terminate the Bid on or about May 4, 2024. Purchases pursuant to the Bid will be made from time to time by RBC Dominion Securities Inc. on behalf of the Company through the facilities of the TSX Venture Exchange. Shares purchased will be paid for with cash available from the Company's working capital. All Shares purchased pursuant to the Bid will be returned to treasury as authorized but unissued shares.
本公司擬於2023年5月5日左右開始投標，並於2024年5月4日左右終止投標。RBC Dominion Securities Inc.將不時代表公司通過多倫多證券交易所風險交易所的設施根據投標進行購買。購買的股票將用公司營運資金中的現金支付。根據投標購買的所有股份將作為授權但未發行的股份返還國庫。
The Company sees tremendous growth opportunities that can be pursued by reinvesting existing profitability. The Company is of the view that the recent market prices of its shares do not properly reflect the underlying value of the shares. No insiders of the Company intend to participate in the Bid.
該公司看到了巨大的增長機會，可以通過對現有盈利能力進行再投資來實現。本公司認為，其股份最近的市價未能正確反映股份的潛在價值。公司內部人士無參與競購意向。
About Destiny Media Technologies, Inc.
關於命運媒體技術公司
Destiny provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE (), provides promotional music marketing to engaged networks of decision makers in radio, film, TV, and beyond. More information can be found at .
Destination為音樂行業的企業提供軟體即服務(SaaS)解決方案，解決發行和推廣中的關鍵問題。核心服務Play MPE()向廣播、電影、電視和其他領域的決策者參與的網路提供促銷音樂營銷。有關更多資訊，請訪問。
FOR FURTHER INFORMATION PLEASE CONTACT:
欲瞭解更多資訊，請聯繫：
DESTINY MEDIA TECHNOLOGIES INC.
Fred Vandenberg, CEO
Tel: (604) 609-7736 x 236
天命傳媒科技有限公司。
弗雷德·範登伯格，首席執行官
電話：(604)609-7736x236
Forward-Looking Information
前瞻性資訊
Certain statements contained in this press release may constitute forward-looking information under applicable securities laws, including statements related to the anticipated proposed Bid and the number of Shares to be acquired thereunder. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this news release.
根據適用的證券法，本新聞稿中包含的某些陳述可能構成前瞻性資訊，包括與預期的擬議報價和根據該報價將收購的股票數量有關的陳述。這些資訊是基於管理層根據我們目前可獲得的資訊做出的合理假設和信念，是在本新聞稿發佈之日發佈的。
In making the forward‐looking statements included in this news release, the Company has applied several material assumptions, including, but not limited to, the assumption that general economic and business conditions will not change in a materially adverse manner. Although the forward-looking information contained in this news release is based upon assumptions that management of the Company believes are reasonable based on currently available information, there can be no assurance that actual results will be consistent with the forward-looking information. Actual results may differ materially from the forward looking information due to known and unknown risks and uncertainties, many of which are beyond the Company's control, including, among other things, general economic conditions; availability of equity and debt financing; the performance of the Shares or the stock exchanges generally; and other risks and factors described from time to time in the documents filed under the Company's profile at . Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. Except as required by applicable securities laws, the Company does not undertake to update or revise publicly any forward-looking information, whether as a result of new information, future events or otherwise, after the date on which the statements are made.
在作出包含在本新聞稿中的前瞻性陳述時，該公司應用了幾個重大假設，包括但不限於，總體經濟和商業狀況不會發生重大不利變化的假設。儘管本新聞稿中包含的前瞻性資訊是基於公司管理層認為基於現有資訊是合理的假設，但不能保證實際結果與前瞻性資訊一致。由於已知和未知的風險和不確定性，實際結果可能與前瞻性資訊大不相同，其中許多風險和不確定性是公司無法控制的，包括但不限於一般經濟狀況；股權和債務融資的可用性；股票或證券交易所的總體表現；以及在公司簡介檔案中不時描述的其他風險和因素。呼籲讀者在評估前瞻性資訊時仔細考慮風險、不確定因素和假設，並告誡讀者不要過度依賴這些資訊。除非適用的證券法另有要求，否則公司不承諾在作出陳述之日後，因新資訊、未來事件或其他原因而公開更新或修訂任何前瞻性資訊。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
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