Petrus Resources Ltd. (TSX:PRQ) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,218,596 shares, representing 5% of its issued share capital. The repurchased shares will be cancelled.

The bid will expire no later than June 27, 2025. As at June 14, 2024, the company had 124,371,925 issued and outstanding shares.