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Stocks in play: CanWel Building Materials Group Ltd.

Baystreet.ca

Announced that The Toronto Stock Exchange has accepted today CanWel’s notice of intention to proceed with a normal course issuer bid through the facilities of The Toronto Stock Exchange. CanWel intends to purchase for cancellation up to 6,085,605 of its common shares by way of a normal course issuer bid through the facilities of The Toronto Stock Exchange. The 6,085,605 common shares represent approximately 10% of the public float per TSX policies. CanWel Building Materials Group Ltd. shares T.CWX are trading up $0.08 at $4.74.