ZTEST Electronics Plans Share Purchase Bid

ZTEST Electronics Inc. has announced its intent to initiate a normal course issuer bid (NCIB) through the Canadian Securities Exchange. The plan permits the purchase of up to 2,727,923 common shares, approximately 10% of the public float, over a 12-month period starting April 1, 2025. Purchases will occur on the open market and will be influenced by market conditions, with no obligation to buy a specific amount.

The company believes its market valuation does not fully reflect its business potential, prompting this strategy to enhance shareholder value. Purchases will be financed with existing cash, and Integral Wealth Securities Ltd. is appointed to manage transactions. All shares acquired will be canceled to improve financial metrics.