MONTREAL, QUEBEC--(Marketwire - June 27, 2012) - Supremex Inc. ("Supremex" or the "Corporation") (TSX:SXP), announced today that the Toronto Stock Exchange ("TSX") has accepted Supremex's request to establish an automatic securities purchase plan (the "Plan") for its common shares.
The Plan was established to provide standard instructions regarding how Supremex's common shares are to be purchased under the Corporation's normal course issuer bid for the common shares announced on December 1, 2011. Accordingly, Supremex may purchase its common shares in accordance with the Plan on any trading day during the issuer bid including during self-imposed trading blackout periods. The Plan will commence on July 3, 2012 and terminate together with the issuer bid on December 4, 2012. Supremex may otherwise vary, suspend or terminate the Plan only if it does not have material non-public information, the decision to vary, suspend or terminate the Plan is not taken during a self-imposed trading blackout period and any variation, suspension or termination is made in accordance with the terms of the Plan.
The Plan constitutes an "automatic plan" for purposes of applicable Canadian securities legislation and has been reviewed and approved by the TSX. Should the Plan be materially varied, suspended, or terminated, Supremex will disseminate a press release advising of such variation, suspension or termination as the case may be.
Supremex Inc. is Canada's largest manufacturer and marketer of a broad range of stock and custom envelopes and related products. Supremex is the only national envelope manufacturer in Canada, with facilities across six provinces and employs approximately 600 people. This nationwide presence enables it to manufacture products tailored to the specifications of major national customers such as leading Canadian corporations, national resellers and governmental entities, as well as paper merchants and process and solutions providers.