Sept 11 (Reuters) - Parex Resources Inc PXT.TO :
* Parex Resources announces approval of normal course issuer bid
* Parex Resources Inc - pursuant to bid parex will purchase for cancellation, as it considers advisable, up to maximum of 7.7 million common shares of Co
* Parex Resources Inc - bid will commence on September 13, 2017 and will terminate on September 12, 2018