$ORFG NEWS: Orofino Gold Corp: The Company
Post# of 29721
$ORFG NEWS: Orofino Gold Corp: The Company Announces Extension of Stock Dividend to All Common Shareholders through March 15, 2014 |
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LAS VEGAS , Jan. 17, 2014 /PRNewswire/ - Orofino Gold Corp . ( OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the board of directors have approved an extension of restricted stock dividend to all shareholders of record as of March 15, 2014 . The restricted stock dividend will be paid in the following manner. For every 10 shares that a shareholder owns of ORFG they will be paid 1 additional share of restricted stock of ORFG stock. Each shareholder has to hold their shares of ORFG stock through the shareholder of record date of March 15, 2014 to be eligible to receive their dividend . For example if a shareholder is holding 1,000,000 shares of ORFG common shares through March 15, 2014 then that shareholder will receive an additional 100,000 shares of ORFG restricted stock. The transfer agent will determine through DTCC (Depository Trust Company) the shareholders of record who are eligible to receive the dividend after March 15, 2014. The company will give information after the shareholder of record date as to how to receive your dividend from Island Stock Transfer Agent. The company is extending the previous dividend due to change of business plans for the company which were delayed from last summer. The paying of this dividend is a commitment to the company's shareholders to stay with the company long term and to share in the growth of the company which is expected to be remarkable. The company will announce its first acquisition next week. Forward-Looking Statements SOURCE Orofino Gold Corp. ![]() Copyright 2014 PR Newswire |
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