Real Matters Announces Renewal of Normal Course Issuer Bid

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Jun 08, 2021

Real Matters Inc. (“Real Matters” or the “Company”) (TSX: REAL) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its Normal Course Issuer Bid for a 12-month period commencing June 11, 2021 and ending June 10, 2022 (the “NCIB”). Under the NCIB, the Company may purchase up to 4,000,000 common shares in its capital (being approximately 5.2% of the 76,489,997 common shares in the public float as at May 31, 2021) for an aggregate purchase price not to exceed C$70 million. Purchases under the NCIB will continue to be made through the facilities of the TSX and alternative Canadian trading systems at the prevailing market price at the time of acquisition. The actual number of common shares purchased by the Company under the NCIB and the timing of such purchases will be determined by the Company.