RDX Technologies Corporation (TSXV:RDX) announces a Normal Course Issuer Bid. Under the program, the company will repurchase up to 8,616,902 shares, representing 5% of its share capital. The share repurchases will be made through the facilities of the TSX Venture Exchange.

The repurchased shares will be cancelled. The purpose of the program is to reduce the number of issued and outstanding common shares of RDX and to help streamline the capital structure of the Company over the next 12 months. The share repurchase program will continue till November 30, 2014.