Jupiter Mines Limited announces a share repurchase program. Under the program, the company will repurchase up to 119,948,770 shares, representing 5.81% of its issued share capital for $42 million. The shares will be repurchased at a price of $0.35 per share.

The shares repurchased under the offer will be cancelled. The offer will be funded by a distribution from Tshipi and payment of marketing funds from the company's marketing entity. The record date for the offer is January 24, 2018.

As of January 22, 2018, the company has 2,064,522,718 shares in issue. The offer will expire on February 19, 2018.