LAS VEGAS, Jun. 16, 2015,
/PRNewswire/ -- Calissio Resources Group Inc. (CRGP) ("Calissio" or
the "Company") announced today that its Board of Directors approved
a quarterly cash and share dividend. Its first quarterly cash
dividend of approximately USD$1.3
million, or USD$0.011 per
common share of the Company (each a "Common Share"), payable on or
about August 17, 2015 to the holders
of the issued and outstanding Common Shares as of the close of
business on June 30, 2015. The Board
also approved a special stock dividend of 3% payable August 17, 2015 to shareholders of record at the
close of business on June 30,
2015.
The payment of future dividends will be subject to Calissio's
cash requirements. In addition, the Company's board of directors
will assess future years' dividend payout levels, from time to
time, in light of the Company's financial performance and its
current and anticipated business needs at such time.
Calissio Resources Group Inc., focused on the acquisition and
development of base metals projects in Mexico that are currently in or near
production and advanced exploration properties that will add
substantially to the Company's asset foundation. Management is
continuing to actively pursue mineral interests that represent
significant growth, value and cash flow opportunities.
For additional information, please visit:
http://www.calissioresources.com.
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Calissio
Resources Group, Inc.'s current expectations and projections about
future events, based on information currently available.
The forward-looking statements found in this press release may
also include statements relating to Calissio Resources Group,
Inc.'s anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Calissio Resources
Group, Inc. provides no assurance regarding the actual outcome of
the events contemplated by any forward-looking statements included
in this release. Calissio Resources Group, Inc. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Contact:
Calissio Resources Group Inc.
Investor Relations
+1-702-605-4172
ir@calissioresources.com
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SOURCE Calissio Resources Group, Inc.