Post by
DrNo1962 on Oct 26, 2021 5:36am
NEWS: Dividend approved by TSX Venture...
It's happening. This is a significant dividend. Spruce Ridge to pay Canada Nickel dividend Oct. 29 2021-10-26 01:47 ET - Dividend Declared The TSX Ventuer Exchange has accepted for filing documentation pertaining to the distribution of 2.5 million of the 10.6 million common shares of Canada Nickel Company Inc. held by the company, which was declared on Oct. 22, 2021. The company received common shares of Canada Nickel Company in connection with termination of the joint venture agreement with Noble Mineral Exploration Inc., which resulted in sale of the company's interest in the Crawford nickel-cobalt sulphide project. One common share of the company held on the record date will entitle to 0.014 common shares of Canada Nickel Company, subject to standard adjustment provisions. Notice of distribution -- due-bill trading The company has declared the following cash distribution. Distribution per common share: 0.014 share of Canada Nickel Company Payable date: Nov. 5, 2021 Record date: Oct. 29, 2021 Ex distribution date: Nov. 8, 2021 Due-bill period: Oct. 28, 2021, to Nov. 5, 2021, inclusively Due-bill redemption date: Nov. 9, 2021 Trades that are executed during the due-bill period will be identified to ensure purchasers of the shares receive the distribution. For further information, please refer to the company's news release dated Oct. 22, 2021. 2021 Canjex Publishing Ltd. All rights reserved.