Orofino Gold Corp: The Company Announces Major Stock Dividend to All Common Shareholders
31 Julio 2013 - 5:08PM
OTC Markets
Orofino Gold Corp: The Company Announces Major Stock Dividend to
All Common Shareholders
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Orofino Gold Corp: The Company Announces Major Stock Dividend to
All Common Shareholders
PR Newswire
LAS VEGAS, July 31, 2013
LAS VEGAS, July 31, 2013 /PRNewswire/ - Orofino Gold Corp.
(PINK OTC: ORFG)
("Orofino Gold" or the "Company") is pleased to announce that the
board
of directors have approved a restricted stock dividend to all
shareholders of record as of September 15,
2013.
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 September 15,
2013 to be eligible to receive their
dividend.
For example if a shareholder is holding 500,000 shares of ORFG
common
shares through September 15, 2013
then that shareholder will receive an
additional 50,000 shares of ORFG restricted stock. The transfer
agent
will determine through DTCC (Depository Trust Company) the
and
shareholders of record who is eligible to receive the dividend
after
September 15, 2013. 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 paying this dividend as a thank you to all
shareholders
who have stayed with the company long term. The company is working
on
several exciting developments and is focused on increasing its
assets
and revenue base to increase shareholder value. This dividend is
the
first step in this process.
Forward-Looking Statements
These statements are not guarantees of future performance and
involve
certain risks and uncertainties that are difficult to predict.
Actual
results could vary materially from the description contained herein
due
to many risk factors that affect the industry the Company operates
in
and other risk factors listed from time to time in the
Company's
Securities and Exchange Commission (SEC) filings under "risk
factors"
and elsewhere. The forward-looking statements contained in this
press
release speak only as of the date on which they are made, and
the
Company does not undertake any obligation to update any
forward-looking
statement to reflect events or circumstances after the date of
this
press release.
SOURCE Orofino Gold Corp.
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