TerraVest announces normal course issuer bid for its debentures

TSX: TVK VEGREVILLE, AB, May 26, 2015 /CNW/ – TerraVest Capital Inc. ( TerraVest or the Corporation ) (TSX: TVK) announced today that it has received the approval of the Toronto Stock Exchange (the TSX ) to make a normal course issuer bid (the Bid ) for up to$2,100,000 aggregate principal amount of its issued and outstanding 7.00% convertible unsecured subordinated debentures dueJune 30, 2020 (the Debentures ) on the TSX. Purchases under the Bid may commence on May 28, 2015 and will terminate on May 27, 2016, or on such earlier date as the Bid is complete. Purchases of Debentures will be made through the facilities of the TSX in accordance with its rules. Purchases under the Bid may also be made through alternative Canadian trading platforms. The average daily trading volume of the Debentures ( ADTV ) since the Debentures began trading on the TSX on April 17, 2015 is 202,800 Debentures. Subject to the TSX s block purchase exception, on any trading day, purchases under the B
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