UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
REPORT OF
FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May 2019
Commission File Number: 001-31995
MEDICURE
INC.
(Translation of registrant's name into English)
2-1250 Waverley Street
Winnipeg, MB Canada R3T 6C6
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x
Form 40-F o
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes o
No x
If “Yes” is marked, indicate below
the file number assigned to the registrant in connection with Rule 12g3-2(b): 8a72____.
EXHIBIT
LIST
SIGNATURES
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, thereunto duly authorized.
|
Medicure Inc. |
|
(Registrant) |
|
|
|
|
|
Date: May 30, 2019 |
By: |
/s/ Dr. Albert D. Friesen |
|
Dr. Albert D. Friesen |
|
Title: President & CEO |
Exhibit 99.1
Medicure Announces Renewal of its Normal
Course Issuer Bid
WINNIPEG, May 30, 2019 /CNW/ - Medicure Inc.
("Medicure" or the "Company") (TSXV:MPH, OTC:MCUJF), a pharmaceutical company, is pleased to
announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice of intention to make a normal
course issuer bid ("NCIB").
Under the terms of the NCIB, Medicure may acquire
up to an aggregate of 761,141 common shares. In the opinion of the Company, its common shares have been trading
at prices that do not reflect its underlying value. Accordingly, Medicure believes that purchasing its common shares for cancellation,
at present pricing, represents an opportunity to enhance value for its shareholders.
As of May 29, 2019, the Company had 15,222,813 common
shares outstanding, of which 6,758,666 common shares represent the public float of Medicure. Under TSXV policies,
Medicure is entitled to purchase up to the maximum of 761,141 common shares, representing 5% of the common shares
outstanding, over the 12 month period that the NCIB is in place.
The NCIB will commence on May 30, 2019 and
will end on May 29, 2020, or on such earlier date as Medicure may complete its maximum purchases under the NCIB. The actual number
of common shares which will be purchased, if any, and the timing of such purchases will be determined by the Company. All common
shares purchased by the Company will be purchased on the open market through the facilities of TSXV by PI Financial Corp. ("PI")
acting on behalf of the Company in accordance with the policies of the TSXV and will be surrendered by the Company to its transfer
agent for cancellation. The prices that the Company will pay for common shares purchased will be the market price of the shares
at the time of purchase.
The Company also announces that it has entered
into an automatic share purchase plan with PI (the "Plan") in order to facilitate repurchases of its common shares
under the NCIB. Under the Plan, PI may purchase common shares under the NCIB at times when the Company would ordinarily not be
permitted to do so, due to regulatory restrictions or self-imposed blackout periods.
Purchases under the Plan will be made by PI
based upon parameters prescribed by the TSXV, applicable Canadian securities laws and terms of the Plan.
Under the Company's previous NCIB, which expired
on May 27, 2019, the Company purchased and cancelled 771,900 of its common shares between May 28, 2018 and May 27, 2019 for a total
cost to the Company of $5.1 million.
About Medicure
Medicure is a pharmaceutical company focused
on the development and commercialization of therapies for the U.S. cardiovascular market. The present focus of the Company is the
marketing and distribution of AGGRASTAT® (tirofiban hydrochloride) injection, ZYPITAMAGTM (pitavastatin)
tablets and the ReDS™ device in the United States, where they are sold through the Company's U.S. subsidiary, Medicure Pharma
Inc. For more information on Medicure please visit www.medicure.com.
To be added to Medicure's e-mail list, please
visit:
http://medicure.mediaroom.com/alerts
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
Forward Looking Information: Statements
contained in this press release that are not statements of historical fact, including, without limitation, statements containing
the words "believes", "may", "plans", "will", "estimates", "continues",
"anticipates", "intends", "expects" and similar expressions, may constitute "forward-looking
information" within the meaning of applicable Canadian and U.S. federal securities laws (such forward-looking information
and forward-looking statements are hereinafter collectively referred to as "forward-looking statements"). All of the
forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including
the availability of cash for purchases of common shares under the Plan, the existence of alternative uses for the Company's cash
resources and compliance with applicable laws and regulations pertaining to the normal course issuer bid. The foregoing list of
important factors and assumptions is not exhaustive. The Company undertakes no obligation to update publicly or otherwise revise
any forward-looking statements or the foregoing list of factors, other than as may be required by applicable legislation. Additional
discussion regarding the risks and uncertainties relating to the Company and its business can be found in the Company's other filings
with the applicable Canadian securities regulatory authorities or the US Securities and Exchange Commission, and in the "Risk
Factors" section of its Form 20F for the year ended December 31, 2018.
View original content:http://www.prnewswire.com/news-releases/medicure-announces-renewal-of-its-normal-course-issuer-bid-300858927.html
SOURCE Medicure Inc.
View original content: http://www.newswire.ca/en/releases/archive/May2019/30/c4548.html
%CIK: 0001133519
For further information: James Kinley, Chief Financial Officer,
Tel. 888-435-2220, Fax 204-488-9823, E-mail: info@medicure.com, www.medicure.com
CO: Medicure Inc.
CNW 09:30e 30-MAY-19
This regulatory filing also includes additional resources:
ex991.pdf
Medicure (PK) (USOTC:MCUJF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Medicure (PK) (USOTC:MCUJF)
Historical Stock Chart
From Apr 2023 to Apr 2024