RE: RE: RE: RE: RE: Just got this"The payment date for the dividend-in-kind is on or about
March 3, 2011. Upon completion of the Spin Out and the receipt of Prosperity Shares for the reimbursement of transaction costs, Evolving Gold expects to hold approximately 48.5% of the outstanding Prosperity Shares. "
I'm in the U.S. too. Looks like we'll get our money in early march...On Feb. 2, Prosperity got their conditional approval from the venture exchange. 2 weeks is the 16th. so I'm guessing prosperity, V.PPG, will trade around the 16th...There is a lot of stuff on sedar.
The Dividend will be paid on the basis of one Share for every 10 Evolving GoldShares which are outstanding on February 16, 2011, the record date fixed by the board of directors of Evolving Gold
(the “Record Date”).
That's the confusing part. If the shares have to be outstanding on the 16th. why isn't it the 12th if the exdividend date is the 14th?