Current Report Filing (8-k)
July 28 2015 - 6:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): July 27, 2015
GRAN TIERRA ENERGY INC.
(Exact name of Registrant as specified
in its charter)
Nevada |
98-0479924 |
(State or other jurisdiction of incorporation) |
(I.R.S. Employer Identification No.) |
Commission file number: 001-34018
200, 150
13 Avenue SW
Calgary,
Alberta Canada T2R, 0V2
(Address of principal
executive offices and zip code)
Registrant's telephone number, including
area code: (403) 265-3221
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On July 27, 2015,
Gran Tierra Energy Inc. issued a press release announcing that it has received approval from the Toronto Stock Exchange (“TSX”)
to implement its previously announced normal course issuer bid (the “Bid”) through the facilities of the TSX,
the NYSE MKT and eligible alternative trading platforms in Canada and the United States. Pursuant to the Bid, Gran Tierra is able
to purchase for cancellation up to 4.98% of its issued and outstanding shares of common stock (the “Shares”)
for a one year period at prevailing market prices. The brokerage firm conducting the Bid on behalf of Gran Tierra is FirstEnergy
Capital Corp.
Under the Bid,
Gran Tierra may repurchase for cancellation up to 13,831,866 Shares. This represents approximately 4.98% of its 277,748,332 issued
and outstanding Shares as of July 21, 2015. These purchases will be made in accordance with applicable regulations over a maximum
period of one year beginning on July 30, 2015, and ending on July 29, 2016. The average daily trading volume of the Shares over
the six (6) calendar months prior to the date hereof was 946,386. Accordingly, Gran Tierra is entitled to purchase, on any trading
day, up to 236,596 Shares. The consideration that Gran Tierra will pay for any Shares acquired by it under the Bid will be paid
in cash at the market price of such Shares at the time of acquisition.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date: July 27, 2015 |
GRAN TIERRA ENERGY INC. |
|
|
|
|
By: |
/s/ David Hardy |
|
Name: David Hardy |
|
Title: V.P. Legal and General Counsel |
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