Lucero Energy Corp. (TSXV:LOU) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 33,120,534 common voting shares, representing 5% of its outstanding share capital.

The repurchased shares will be cancelled. The bid will terminate on June 18, 2024, or at such earlier time as the bid is completed or terminated at the option of company. As of June 15, 2023, the company had 662,410,687 Common Shares outstanding