Vulcan Minerals Inc.: Distribution Record Date
(firmenpresse) - ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 07/30/12 -- Vulcan Minerals Inc. ("the Company" - "Vulcan") (TSX VENTURE: VUL) is pleased to announce that the record date for the distribution by the Company of one share of Red Moon Potash Inc. ("Red Moon") for every 3.835 shares held in Vulcan has been set for Tuesday, August 7, 2012 ("the Record Date"). These shares are being distributed as a result of a Plan of Arrangement involving the spin out of Red Moon, a new subsidiary company focussed on potash/salt exploration and development in western Newfoundland. Final Closing is expected to occur on or about August 15, 2012, listing will be subject to final TSX Venture Exchange approval.
Vulcan is a diversified junior exploration company with petroleum and mineral exploration interests in Newfoundland and in Labrador.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. There can be no assurance that forward-looking information will prove to be accurate. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise
Shares Issued: 57,526,129
Contacts:
Vulcan Minerals Inc.
Patrick J. Laracy, President
Gerri A. MacNeil, Business Manager, Investor Relations
709-754-3186
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 30.07.2012 - 16:06 Uhr
Sprache: Deutsch
News-ID 169846
Anzahl Zeichen: 0
contact information:
Town:
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 227 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Vulcan Minerals Inc.: Distribution Record Date"
steht unter der journalistisch-redaktionellen Verantwortung von
Vulcan Minerals Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
