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Medical Facilities Corporation Receives Approval of Normal Course Issuer Bid

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The Toronto Stock exchange has approved Medical Facilities Corporation's notice of intention to make a normal course issuer bid for up to 627,240 of its outstanding common shares.

The 627,240 outstanding common shares represent 2 percent of the 31,361,982 common shares issued and outstanding as of May 1. MFC may purchase the shares at prevailing market prices from May 15, 2014 to May 14, 2015, according to the report.

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