Orca Energy Group Inc. (TSXV:ORC.B) announces a share repurchase program. Under the substantial issuer bid, the company will repurchase up to CAD 40 million worth of its class B subordinate voting shares. The shares will be repurchased at a price falling in the price range from CAD 6.50 per share to CAD 7.50 per share. The shares repurchased will be funded from cash on hand. The shares repurchased will be cancelled. The bid is valid till January 20, 2021. As of December 14, 2020, the company has 24,387,460 class B shares and 1,750,495 class A shares are issued and outstanding.