Atlantic Wind & Solar Declares Dividend
June 01 2010 - 8:00AM
Marketwired
Atlantic Wind & Solar Inc. (PINKSHEETS:
AWSL) is pleased to announce the board has approved a
Non-Transferable, Restricted stock dividend.
AWSL Board Declares Dividend
AWS shareholders of record on July 6th, 2010 will receive 1
(One) Restricted Non-Transferable Common share for every 4 (Four)
shares held.
The Dividend will be paid on September 9th, 2010. Shareholders
of Record who hold their shares in certificate form will receive
their shares by mail. Shareholders who hold their shares in a
brokerage account will receive their shares automatically through
their broker.
Non-Transferable Shares
The Non-Transferable Restricted shares will have normal voting
rights and, despite being Non-Transferable, the shares will entitle
the holder to potential future stock and cash dividends, spin-offs,
and distributions of consideration in the event of a buy-out or
Merger that cause the cancellation back to treasury. However in no
circumstances can the shares be sold, transferred, pledged or
hypothecated.
AWSL... Poised for Growth
The acceleration of increased interest, financing, and other
developments in the past few months augurs well for Atlantic Wind
and Solar's business and overall growth in 2010. The Company
intends to further expand in 2010 through strategically targeted
acquisitions and potential expansion to offshore Renewable Energy
markets. AWSL management is optimistic that the progress achieved
over the past 12-18 months in establishing the Company as a leading
developer in the Ontario Renewable Energy market has positioned
Atlantic Wind and Solar for rapid growth and enhancement of
shareholder value in the foreseeable future.
Sales and Marketing Contacts
Property owners and managers with unobstructed commercial
rooftops of 30,000 s/f or bigger in the Province of Ontario,
Canada, and for which they are interested in possibly leasing to
AWSL, are invited to contact Mr. Charles Mazzacato +1 800 891 1657
ext. 230.
All other Renewable Energy system inquiries are asked to phone
+1 416 900-0380 or email info@atlanticwindandsolar.com
For further corporate information and/or to
subscribe for regular news updates from Atlantic Wind & Solar,
please visit: www.atlanticwindandsolar.com
Disclaimer: Shareholders and investors are strongly cautioned
against placing undue reliance on information set forth in these
communications in making any investment decisions concerning our
securities. The matters set forth in this press release are
forward-looking statements within the meaning of the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially.
These risks are detailed from time to time in the Company's
periodic reports filed with the Securities and Exchange Commission
including the company's Annual Report, Quarterly Reports and other
periodic filings. These forward-looking statements speak only as of
the date hereof. The Company disclaims any intent or obligation to
update these forward-looking statements.
Investor Relations Contact: Geneva Bancorp. Mr. Brent O'Connor
Phone: +1 (416) 900-0380 ext.223 Email: Email Contact
Atlantic Power and Infra... (PK) (USOTC:AWSL)
Historical Stock Chart
From Apr 2024 to May 2024
Atlantic Power and Infra... (PK) (USOTC:AWSL)
Historical Stock Chart
From May 2023 to May 2024