Humpty's Restaurants International Inc.

Humpty's Restaurants International Inc.

November 16, 2005 17:07 ET

Humpty's Restaurants International Inc.: Normal Course Issuer Bid

CALGARY, ALBERTA--(CCNMatthews - Nov. 16, 2005) - Humpty's Restaurants International Inc. (TSX VENTURE:HMP) announced today its intention to conduct a normal course issuer bid to acquire up to 741,939 common shares representing 5% of the total number of common shares outstanding. The Corporation feels that it has recovered from losses incurred as a result of aggressive expansion into British Columbia and as such, believes that its common shares are undervalued and represent an attractive investment opportunity.

The proposed bid, which is subject to the approval of the TSX Venture Exchange will be conducted by First Associates Investment Inc. It is intended that the bid will commence immediately upon approval by the TSX Venture Exchange and may extend for up to one year from the date of commencement.

The common shares of Humpty's Restaurants International Inc. trade through the facilities of the TSX Venture Exchange under the symbol HMP.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Humpty's Restaurants International Inc.
    Don Koenig
    (403) 269-4675