Etrion Corp ETRXF

record at the close of business on August 17, 2021 ,

[chris579457]

GENEVA, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX) is pleased to announce that further to the recent completion of the sale of substantially all of the Company’s assets, the Company’s board of directors has declared an initial distribution to shareholders of US$0.327 per common share. The distribution will be made as a return of capital to shareholders of record at the close of business on August 17, 2021, and the capital of the common shares will be reduced accordingly.

The distribution on shares traded on the Toronto Stock Exchange (the “TSX”) will be paid in United States dollars on August 24, 2021. The distribution on shares traded on Nasdaq Stockholm will be paid in Swedish kronor in accordance with Euroclear principles on or about August 30, 2021. To execute the payment of the distribution, a temporary administrative cross-border transfer closure will be applied by Euroclear from August 16, 2021, up to and including August 17, 2021 during which period shares of the Company cannot be transferred between TSX and Nasdaq Stockholm.