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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Dividend
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Comment by JRaffleson Jun 16, 2015 2:44am
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Post# 23834192

RE:Dividend

RE:Dividend
I assume that Canadian company law permits the payment of dividends when there is an accumulated trading deficit?
UK laws permits the payment of dividends out of an accumulated surplus (even if there were to be a current yesar loss) - in the alternative, dividends would be paid out of shareholders capital.
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