Supatcha Resources Inc. (SAEI.OB) to Repurchase Some $3M in Stock
Supatcha Resources, www.supatcharesources.com – the Ukraine-focused precious metals developer pursuing a strategy directed towards becoming a large, primary gold producer, reported approval today of a share repurchase program by SAEI’s Board. Calling for the repurchase of up to $3M in common shares, this program is seen by the Company’s Board of Directors as a shrewd, liquidity-driven move for SAEI and its shareholders, which will not impact overall growth activity. CEO and Director of SAEI, Nikolae Yagodka, confirmed the undervalued position of the Company’s stock, explaining how this repurchase program would benefit shareholders. Yagodka cited improved future EPS due to the…