Petrus Resources Ltd. (TSX:PRQ) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,192,426 shares, representing 5% of its issued share capital. The repurchased shares will be cancelled.

The bid will expire no later than June 27, 2024. As at June 15, 2023, the company had 123,848,528 issued and outstanding shares.