Base Carbon Inc. (NEOE:BCBN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 8,716,601 shares, representing 6.83% of its issued share capital. Common shares purchased under the program will be returned to treasury for cancellation.

The program will be funded from the corporate funds. The program is valid till June 16, 2023. As of June 15, 2022, the company had 127,663,680 issued and outstanding common shares.