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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Baxter4on May 02, 2012 1:02pm
213 Views
Post# 19862107

RE: RE: Hello anyone out there????

RE: RE: Hello anyone out there????

As a part of the proceeds, the Company intends to issue a one-time dividend of CDN
.10, per share, to shareholders of record after the closing of the Transaction

 

It may have been their intention back when this NR was released, but it was not declared. They somehow missed the fact the KRG needed another $5MM at the time, so things have changed, and so might have their intentions now that they have more information. Don't hold your breath waiting for the divvy and consider it a bonus if it is declared. 

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