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Calissio Announces Quarterly Cash and Stock Dividend

Jun 16, 2015
OTC Disclosure & News Service

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Calissio Announces Quarterly Cash and Stock Dividend

PR Newswire

LAS VEGAS, Jun. 16, 2015,

LAS VEGAS, Jun. 16, 2015, /PRNewswire/ -- Calissio Resources Group Inc. (CRGP) ("Calissio" or the "Company") announced today that its Board of Directors approved a quarterly cash and share dividend. Its first quarterly cash dividend of approximately USD$1.3 million, or USD$0.011 per common share of the Company (each a "Common Share"), payable on or about August 17, 2015 to the holders of the issued and outstanding Common Shares as of the close of business on June 30, 2015. The Board also approved a special stock dividend of 3% payable August 17, 2015 to shareholders of record at the close of business on June 30, 2015.

The payment of future dividends will be subject to Calissio's cash requirements. In addition, the Company's board of directors will assess future years' dividend payout levels, from time to time, in light of the Company's financial performance and its current and anticipated business needs at such time.

Calissio Resources Group Inc., focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.

For additional information, please visit: http://www.calissioresources.com.

This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Calissio Resources Group, Inc.'s current expectations and projections about future events, based on information currently available.

The forward-looking statements found in this press release may also include statements relating to Calissio Resources Group, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Calissio Resources Group, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Calissio Resources Group, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

Contact:
Calissio Resources Group Inc.
Investor Relations
[phone]
[e-mail]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/calissio-announces-quarterly-cash-and-stock-dividend-300099825.html

SOURCE Calissio Resources Group, Inc.


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