InvestorsHub Logo
Followers 35
Posts 6937
Boards Moderated 0
Alias Born 09/07/2019

Re: None

Wednesday, 09/28/2022 11:08:51 AM

Wednesday, September 28, 2022 11:08:51 AM

Post# of 91734
HNRC @ .39: Tiny oil play spinning off $1.75 dividend on sale of some assets...HNRC getting found


9/28/2022
"Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") announced today that it will spin off its non-energy assets to its wholly owned subsidiary Worldwide Diversified Holdings, Inc and then dividend them to its shareholders of record on December 16, 2022. The shares will be distributed to the Company's shareholders upon an effective registration statement. The company is anticipating the registration statement to be completed in the fourth quarter of 2022. The transaction will provide for a dividend of $1.75 per share for every one share of HNRC held by the shareholder on the record date.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.