WesternOne Inc. Announces Termination of Normal Course Issuer Bid

VANCOUVER, Nov. 9, 2018 /CNW/ - WesternOne Inc. ("WesternOne") (Toronto Stock Exchange: WEQ and WEQ.DB) today announced that it has terminated, effective at the close of trading today, its normal course issuer bid (the "NCIB") that commenced on December 12, 2017.

WesternOne has taken this action as a result of the proposed sale of substantially all of its assets to United Rentals of Canada, Inc. and its subsequent liquidation and dissolution, all as more fully described in its news release dated October 22, 2018 and in its information circular dated October 26, 2018 both of which are available on SEDAR (www.sedar.com).

Under the NCIB, WesternOne acquired an aggregate of 615,000 of its own common shares for cancellation through the facilities of the Toronto Stock Exchange or other Canadian marketplaces at an average price of $1.50.

Additional Information

Additional information relating to WesternOne and other public filings, is available on SEDAR at www.sedar.com or on WesternOne's website at www.weq.ca.

Trading Symbols

Toronto Stock Exchange: WEQ and WEQ.DB

THE TORONTOSTOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

SOURCE WesternOne Inc.