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Chorus Aviation Inc.

10:30 AM EST - Chorus Aviation Inc. : Today announced its intention to commence a substantial issuer bid pursuant to which the Company will offer to purchase up to $25 million in value of its Class A Variable Voting Shares and Class B Voting Shares from holders of Shares at a cash purchase price of not less than $17.50 and not more than $21.00 per Share. The Company expects to commence the Offer on or about April 14. Chorus Aviation Inc. shares T.CHR are trading down $0.18 at $18.52.