Rogers Sugar Inc.
TSX : RSI

Rogers Sugar Inc.

October 02, 2015 07:00 ET

Rogers Sugar Automatic Purchase Plan

MONTRÉAL, CANADA--(Marketwired - Oct. 2, 2015) - Rogers Sugar Inc. (the "Corporation") (TSX:RSI) announced today that it has entered into an automatic purchase plan with a broker in order to facilitate repurchases of its common shares (the "Shares") under its normal course issuer bid previously announced and approved by the Toronto Stock Exchange ("TSX"). The Corporation has filed with the TSX an amended Notice to provide for the implementation of the automatic purchase plan. The normal course issuer bid in respect of the Shares commenced on November 27, 2014 and will terminate on November 26, 2015.

Under the Corporation's automatic purchase plan, the Corporation's broker may repurchase Shares under the normal course issuer bid at any time including, without limitation, when the Corporation would ordinarily not be permitted to due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by the Corporation's broker based upon the parameters prescribed by the TSX and applicable Canadian securities laws and the terms of the parties' written agreement. The Corporation may suspend or terminate the automatic purchase plan only if it does not have material non-public information and the decision to suspend or terminate the automatic purchase plan is not taken during a self-imposed trading blackout period. The automatic purchase plan constitutes an "automatic plan" for purposes of applicable Canadian securities legislation and has been pre-cleared by the TSX. The automatic purchase plan will be implemented effective as of October 5, 2015.

About Rogers Sugar Inc.

The Corporation is a corporation established under the laws of Canada. The Corporation holds all of the common shares of Lantic Inc. Lantic Inc. operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. Lantic Inc.'s sugar products are marketed under the "Lantic" trademark in Eastern Canada, and the "Rogers" trademark in Western Canada and include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups.

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