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By The Online Investor Staff, updated Sat., Aug. 27, 7:35 AM

Slide #2. HNZ Group Inc.

Company: HNZ Group Inc. (TSE:HNZ.CA)
Share Amount Authorized: 390,625
Buyback Details: HNZ Group Inc. (TSX: HNZ) (the "Corporation"), an international provider of helicopter transportation and related support services, announced today that the Toronto Stock Exchange (the "TSX") has accepted the Corporation's notice of intention to make a normal course issuer bid (the "Notice") to purchase outstanding common shares and variable voting shares through the facilities of the TSX for a period of twelve months ending on August 28, 2017. Up to 390,625 common shares and variable voting shares of the Corporation, representing approximately 3% of the issued and outstanding common shares and variable voting shares of the Corporation as of August 23, 2016 may be purchased under the bid. As of August 23, 2016, an aggregate of 13,020,845 common shares and variable voting shares are issued and outstanding. Daily repurchases will be limited to 1,059 common shares and variable voting shares, other than block purchase exceptions. The purchases may commence on August 29, 2016 and may extend to August 28, 2017 or such earlier date as the Corporation may complete its purchases pursuant to the Notice or otherwise terminate the bid. The number of common shares and variable voting shares that the Corporation intends to repurchase and the time of such repurchases will be determined by the Corporation, at its discretion.

HNZ Group provides helicopter transportation services in Canada and the United States. Co. offers helicopter services to various sectors, including emergency medical services, infrastructure maintenance, utilities, oil and gas, mining, forestry, and construction. Co. also operates two flight schools, as well as provides third party repair and maintenance services in Canada. In addition, Co. offers military support services in Afghanistan.
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Company Name:  HNZ Group Inc
Sector:  Airlines

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August 27, 2016    7:35 AM Eastern
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