Crown Capital Partners Inc. (TSX:CRWN) announces a share repurchase program. Under the substantial course issuer bid, the company will repurchase up to 1,330,000 common shares, representing 18.75% of its issued share capital, for CAD 9.98 million. The shares will be repurchased at a price of CAD 7.5 per share.

The repurchased shares will be cancelled. The program will be funded using cash on hand and available credit facilities. If the aggregate shares validly tendered exceeds pursuant to the offer, the corporation will pay for the tendered Shares on a pro-rata basis according to the number of Shares tendered, except that "odd lot" tenders will not be subject to pro-ration.

The offer will expire on March 7, 2022, unless terminated or extended by the corporation.