Blackhawk to complete UMG share distribution Aug. 12 Can someone explain this ...
Do shareholders get cash or shares?
Nothing for me yet.
Thank you Blackhawk to complete UMG share distribution Aug. 12
2019-08-09 17:13 ET - News Release
Mr. Dave Antony reports
BLACKHAWK RESOURCES CORP. TO DISTRIBUTE SHARES OF UMG MEDIA LTD.
Blackhawk Resource Corp. investment UMG Media Corp. recently completed a reverse takeover transaction, with the resulting issuer being renamed UMG Media Ltd. Blackhawk holds 7,257,260 common shares of UMG.
Blackhawk will distribute the common shares of UMG to its shareholders of record on April 15, 2019. The distribution of these shares will be completed on Aug. 12, 2019.
Shareholders are not required to pay for the resulting issuer shares they receive by way of the return of capital, to tender or surrender their Blackhawk shares, or to take any other action in connection with the return of capital.
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