DALLAS, Aug. 4, 2020 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today announced the company plans to release details this Friday, August 7, 2020, on the planned dividend distribution to PURA shareholders resulting from the recent sale of PURA's cannabis cultivation operation to PAO Group, Inc. (USOTC: PAOG).
The cannabis cultivation operation was sold last week in exchange for PAOG common stock. The stock is slated to be distributed to PURA shareholders in a dividend distribution. The planned distribution ratio is 1 for 1. Accordingly, PURA shareholders will receive one share of PAOG stock in exchange for every PURA share held.
For more information on Puration, visit https://www.purationinc.com.