LAS VEGAS, Jan. 17, 2014 /PRNewswire/ - Orofino Gold Corp. (
OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce
that the board of directors have approved an extension of
restricted stock dividend to all shareholders of record as of
March 15, 2014.
The restricted stock dividend will be paid in the following
manner. For every 10 shares that a shareholder owns of ORFG they
will be paid 1 additional share of restricted stock of ORFG stock.
Each shareholder has to hold their shares of ORFG stock through
the shareholder of record date of March 15, 2014 to be eligible to receive their
dividend.
For example if a shareholder is holding 1,000,000 shares of ORFG
common shares through March 15, 2014
then that shareholder will receive an additional 100,000 shares of
ORFG restricted stock. The transfer agent will determine
through DTCC (Depository Trust Company) the shareholders of
record who are eligible to receive the dividend after March 15, 2014. The company will give
information after the shareholder of record date as to how to
receive your dividend from Island Stock Transfer Agent.
The company is extending the previous dividend due to change of
business plans for the company which were delayed from last summer.
The paying of this dividend is a commitment to the company's
shareholders to stay with the company long term and to share in the
growth of the company which is expected to be remarkable. The
company will announce its first acquisition next week.
Forward-Looking Statements
These statements are not guarantees of future performance and
involve certain risks and uncertainties that are difficult to
predict. Actual results could vary materially from the description
contained herein due to many risk factors that affect the industry
the Company operates in and other risk factors listed from time to
time in the Company's Securities and Exchange Commission (SEC)
filings under "risk factors" and elsewhere. The forward-looking
statements contained in this press release speak only as of the
date on which they are made, and the Company does not undertake any
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
SOURCE Orofino Gold Corp.