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Note 15 - Subsequent events: | 12 Months Ended
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Dec. 31, 2011
Subsequent Events [Text Block] | 15. Subsequent events: On January 23, 2012, the Company announced that it successfully concluded a modified “Dutch auction tender offer” that was previously announced on December 15, 2011. Under the terms of the offer, the Company repurchased an aggregate of 7,570,236 shares of its common stock at a purchase price of $0.77 per share, for a total of $5,829,082, excluding transaction costs of approximately $50,000. The purchase price and all transaction costs were funded from available cash and an additional advance under its Amended Credit Facility from BMO in the amount of $4.0 million. All shares purchased in the tender offer received the same price and all shares repurchased were immediately retired. As a result of the completion of the tender offer, as of January 23, 2012, the Company had 46,047,053 shares issued and outstanding. Directors, executive officers, and affiliates of Tucows were eligible to participate in the offer. Lacuna LLC, a company in which Rawleigh Ralls, a director of Tucows, is a founding partner, tendered all of its 7.85 million shares in the offer as part of a rebalancing of its portfolio, 4,120,465 of which were purchased by Tucows in the offer. In addition, Mr. Ralls tendered an additional 300,000 shares that he held directly, 157,470 of which were purchased by Tucows in the offer.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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